ALPHARETTA, Ga., Dec. 6, 2013 (GLOBE NEWSWIRE) -- New America Energy Corp. (OTCQB:NECA), through its wholly-owned operating subsidiary Title King, LLC, announces it has retained a commercial real estate broker for review of several commercial store front locations for its title loan franchise.
Title King has retained a commercial real estate broker in its efforts to move forward in securing its first store locations to build out its franchise of title loan business through out the Southeast of United States under the name Title King. The broker has already provided 11 prospective locations, some of which are nearly turn key locations, and expects to open its first stores for its title loan franchise in the near future.
In addition, the Company announced it is now able to accept applications online for consumers in local jurisdictions interested in receiving quotes for potential title loans.
To request a quote for potential title loan online please visit http://www.titlekingloans.com/TitleKing/Signup.aspx
Jeff Canouse, the CEO of New America Energy Corp. commented, "I am very excited to announce we are now able to take requests for title loans directly from consumers online. Along with our aggressive efforts to secure our first few store fronts, this online ability is our first step in building Title King into a well known franchise of consumer title loans through out the South Eastern and Southern US."
As of December 06, 2013, the Company had approximately 180 million common shares issued and outstanding post-acquisition, thus giving the stock a market cap valuation of roughly $300,000.
To listen to a recent interview with Mr. Canouse please visit http://www.wallstreetnewscast.com/profile/neca.html
About New America Energy Corp.
Based in Alpharetta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers. www.titlekingloans.com
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of New America Energy Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
CONTACT: Melissa Diaz, South Street Media, Inc Phone: (917) 937-8968 Email: firstname.lastname@example.orgSource:New America Energy Corp.