Los Angeles, Jan. 30, 2014 (GLOBE NEWSWIRE) -- Source Financial, Inc. (OTCQB: SRCF) ("Source"), today announced that it has submitted a draft registration statement on Form S-1 to the United States Securities and Exchange Commission (SEC) relating to the proposed public offering of its common stock. The number of shares of common stock to be sold and the price for the proposed offering has not yet been determined and are subject to market conditions. The initial public offering is expected to commence after the SEC completes its review process, subject to market and other conditions.
This announcement is being made pursuant to, and in accordance with, Rule 135 under the Securities Act of 1933. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer; solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.
CONTACT: Investors may contact: Market Street Investor Relations Inc. at (877) 218-9173 Source:Source Financial Inc.