SOURCE: Everybody's Phone Company

February 02, 2011 16:05 ET

Everybody's Phone Company Announces New Agreements With National Servicing Corp. Which Will Allow 30-50% Increase in Revenues by Consolidating Home Loans

HOUSTON, TX--(Marketwire - February 2, 2011) - Everybody's Phone Company (PINKSHEETS: EVPH) proudly announces their newest direction in company growth. The Company will soon enter into a contract which guarantees them 30-50% increase in profit with estimated $260,000 monthly profits. The Consulting Agreement with National Servicing, Corp. allows EVPH to enter the trillion dollar home loan consolidating industry. EVPH will be able to buy debt portfolios for pennies on the dollar and either accept payments as the new debt holder (yielding about 30% profits) or resell/refinance the debt (yielding about 50% profits). On average, EVPH can earn four times what a debt is worth while helping people consolidate their defaulted loans; also, on average, debt buyers make 120% on their initial investments within 90 days.

National Servicing Corporation President and CEO Tom Law states, "We are excited to enter into this agreement with EVPH. We feel they are already a company with strong moral goals and the desire to help people become debt free. We would like to help them grow at an exponential rate and be a part of their nationwide expansion. Starting out, we will be able to guarantee them some of our smaller portfolios which can earn them over $10 Million a year in profits. The revenues and profits of our industry are astronomical and the possibilities for sustained company growth, that I see, for EVPH is limitless."

About National Servicing, Corp.
Founded by industry pioneer Thomas Law and managed and staffed by a dedicated team of experienced workout professionals, NSC is a boutique shop built around human assets with a second-to-none understanding of this business. Their four person management team alone has over 100 years of collective loss mitigation experience behind them. That's important because it takes skilled professionals to work with delinquent mortgagors successfully: To work in ways that are collaborative, not confrontational: In ways that will convert more delinquent mortgagors into happy homeowners. Sometimes there's just no substitute for experience, especially at this unique time when so many borrowers are opting for "strategic default."

About Everybody's Phone Company
Everybody's Phone Company (EVPH) is expanding their services to include pre-paid energy, utility, and internet services. EVPH also plans to buy and consolidate defaulted mortgage loans. Simultaneously, EVPH will be in close contact with those who need their services most through buying defaulted loans. EVPH started out acquiring heavily discounted telephone service from the incumbent local exchange carriers, such as AT&T and Verizon, and reselling the services at premium rates on a prepaid basis yielding above average profit margins and mitigating bad debt. Once EVPH achieves critical mass in Texas, it plans to expand its prepaid telecommunications products, utility services and debt buying abilities nationwide. For more information, visit www.everybodysphonecompany.com.

The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

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