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Daily Market Movers Digest Midday Stock Alerts, Wednesday, March 29th, RHWC, PFSD, LTFD, ADVC, PHBT.

Publication: M2 Presswire
Publication Date: 29-MAR-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-29 March 2006-OTCPicks.com: Daily Market Movers Digest Midday Stock Alerts, Wednesday, March 29th, RHWC, PFSD, LTFD, ADVC, PHBT(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:29032006

Today our stock watch alerts today include Featured Profiles for Reliant Home Warranty Corp. (OTCBB: RHWC), Pacific Sands, Inc. (OTCBB: PFSD) and stock alerts for Littlefield Corporation (OTCBB:LTFD), Advanced Communications Technologies, Inc. (OTCBB: ADVC), Pure H20 Bio-Technologies, Inc. (Pure H2O)

FEATURED STOCK PROFILE

RELIANT HOME WARRANTY CORP. (OTCBB: RHWC)

Detailed Quote: http://www.otcpicks.com/quotes/RHWC.php

View Company Profile: http://www.otcpicks.com/profiles/rhwc/index.php

Reliant Home Warranty Corp. (OTCBB: RHWC) operates as a mortgage banking company in Canada/USA. Reliant originates financing, securitizes, services and sells non-prime mortgage loan pools secured by residential real estate which is 100% secured for loan default loss by a re-insurance mortgage indemnity guarantee contract with Brit Insurance. Reliant originates loans primarily through independent mortgage brokers and direct sales force. Reliant's wholesale channel originates non-prime mortgage loans through broker relationships.

Reliant Insurance SCC, Barbados is a wholly owned captive insurance company that is organized to provide by a corporation to insure the risks of the owner and/or closely related third parties. Captives provide alternative funding mechanisms to commercial insurance markets including "Rent a Captive" insurance coverage.

The initial focus on heterogeneous corporate clients, who are dedicated to pro-active management of their insurance needs and will specifically address mortgage indemnity insurance, job loss and other indemnity based products. Re-insurance will be provided by Brit Insurance Limited (BIL), one of the world's leaders in mortgage indemnity based insurance products. Future cells are expected to address more commercial classes, such as casualty, surety, life and employee benefits, job loss, E&O, D&O, and warranty.

March 29 - Reliant Home Warranty Corp. Issues Letter to Shareholders

Dear Shareholders:

Reliant is experiencing many positive changes. We have entered a tremendous growth period in our company's short history. Our business plan has been to develop partnerships with well-respected companies and engage them to distribute our suite of products. During the second quarter of this year you will begin to see the fruits of our labors. We set lofty goals for our company -- $750,000,000 in revenue for our first year. Our revenue is derived from issuing the highest quality mortgages in Canada (and soon the United States). The mortgages are pre-sold to our network of investors.

We are committed to staying focused and increasing shareholder value. These two elements will position the company to achieve beneficial results in the upcoming quarters. We realize we have a long road to travel, but we are well on our way to being viewed as the industry leader. Major revenue growth will occur in upcoming quarters, which will only add to a strong bottom line in the years ahead and reinforce our position.

Our goal is to grow and provide world-class service to our client base. The mortgage brokers who sell our products and the consumers who purchase have the satisfaction of knowing our mortgages come with a six-month job loss protection guarantee (something no other mortgage offers). In Canada, purchasing a new home requires 25% down. We...

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