Extreme Growth Stocks: SRER building a strong base...Recently announced sales doubling every quarterly $ 0.05 ▲0.005 (11.11%)

 

Enclosed is a recet newsletter profile update from www.greenbackers.com

 

Hope you can utilize from time to time.

 

Regards

 

Staff @ Greenbackers

 

Searchcore Inc. (SRER)

 

0.0500+0.0050 (+11.11%) 11:09A EST  1/20/15

 

SRER may be saying enough is enough, especially since announcing that sales are doubling quarterly recently

Worth noting, after taking out 52wk highs back in Oct at .165, SRER has become quite attractive once again back at ongoing support levels near .05...In addition, has been nothing but good news since as well...

 

 

Strategy:  With strengthenig signs in the last week, debate as an oversold, top tier, otc growth stock....Focus on as a snapback candidate initially to 08 or so / with a longer term target above .10 into month end.  Then back to retesting 52wk highs around 16 in Feb, give the consistent ability to do earlier in the last qtr-2014.

 

SearchCore (SRER) Still Doubling Sales Every Quarter: Year End Update

By Tobin Smith | January 13, 2015, 8:42pm GMT

Searchcore…via its Wisdom Home of America subsidiary…has a big audacious mission: to become the largest independent manufactured home retailer in the U.S. by opening 30 retail centers in Texas and surrounding states over the next 60 months.

The game plan is simple: meeting the significant growing demand for quality, affordable residential housing in their respective markets with unique home/lot packages affordable across the income and credit quality spectrum.

2014 updates include:

· Brent Nelms, a 30-year manufacturing home retail sector veteran joined Wisdom Homes to oversee our retail growth. Brent has successfully overseen the operations of 33 retail centers generating greater than $100 million in annual revenue.

• Opened 4 Manufactured Home Retail Centers in Texas.
• Generated quarterly revenues of $50,000 and $350,000 in Q2 and Q3 respectively and anticipate exceeding $700,000 in Q4.

· Secured a $500,000 inventory credit facility in April that was increased to $1.2 million in June and increased again to $2 million in October.

• Purchased 15 residential lots near our Tyler location and have begun marketing the lots to our clients.
• Increased model home inventory to 22.
• Established a $200,000 Special Purpose Fund to provide customers access to short-term bridge financing,
• Created non-traditional and alternative mortgage programs and "In-house" financing options.
• Established a $200,000 Spec Home Fund providing home owners with a land/home packages

"In 2014 we built the foundation for our model retail centers which is based on quality, affordable housing for just about anyone interested in owning the American Dream. And we plan on continuing our growth throughout 2015 and beyond," stated Jim Pakulis, CEO of Wisdom Homes of America.

Here is our full SRER research report and .30 cent price target.

Plus our exclusive interview with the CEO of Searchcore.

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