CEDARHURST, N.Y., March 25, 2008 (PRIME NEWSWIRE) -- Consumers Financial Corporation (Pink Sheets:CNSF) announces a Reverse Stock Split of 1:500 and a change in its symbol to CNSF (OTC Pink Sheets) to become effective immediately. Consumers has realigned its strategic operation in order to execute on its acquisition and growth strategy. We look forward to better growth and increased shareholder value in the year of 2008.
About Consumers Financial Corporation
Consumers Financial Corporation is a diversified merchant banking and financial services company dedicated to finding and assessing the value of micro-cap companies strategically located in markets where significant growth and profits can be obtained. CNSF targets companies where management is exceptional, products are proprietary, techniques, software or technology provide some measure of exclusivity, where margins are above average and where these companies can benefit from CNSF's financial assistance either though equity or credit facilities. CNSF has experience in structuring and negotiating transactions to meet clients' strategic and financial objectives. CNSF's success in pursuing those goals is reflected in the firm's outstanding reputation. CNSF knows that, in a world riddled with conflicts of interest, there is great need for our vast financial knowledge, expertise and years of experience that allows us to provide entirely objective advice and counsel without any pressure from alternative agendas.
This press release includes or may include certain statements and forward looking statements, estimates and forward looking projections of the company with respect to the anticipated future performance of the company. Such statements, estimates and forward looking projections reflect various assumptions of the management of the company that may or may not prove to be correct and involve various risk and uncertainties including, but not limited to, the risk factors contained herein.