SOURCE: AAA Public Adjusting Group, Inc.

AAA Public Adjusting Group, Inc.

July 05, 2011 16:05 ET

Leading Industry Research Firm, Grass Roots Research and Distribution, Inc. Releases Investment Opinion Report on AAA Public Adjusting Group, Inc.

The Report Was Issued at a Share Price of $0.37 With a Target Price of $1.14

HOLLYWOOD, FL--(Marketwire - Jul 5, 2011) - AAA Public Adjusting Group (OTCQB: AAAA) (PINKSHEETS: AAAA) announced today that Grass Roots Research and Distribution, Inc., the Investor Awareness Industry's Research Firm of Choice, has published a new research report on AAA Public Adjusting Group, Inc., an industry leading provider of representation for insurance adjusting claims. AAA has over 4,000 clients and more than 100 years combined experience adjusting insurance claims in the state of Florida. They handle all aspects of the insurance claims process including documentation, estimation, and settlement on behalf of the insured for natural disaster, fire, theft, and flood damage. The report was issued at a price of $0.37 with a target price of $1.14.

The Grass Roots Report stated AAA Public Adjusting, through its subsidiary Florida Claims Consultants (FCC), has a "top and senior management team [that] has over 100 years combined experience adjusting insurance claims in the state of Florida. Through its listing on the OTC BB, AAAA intends to increase its stock awareness and improve its ability to raise capital. Over the next couple of years, AAAA is expected to invest significant resources and capital in marketing and advertising to ramp-up its customers base. We believe that AAAA is well positioned to expand its presence in the nationwide $500 billion annual insurance industry and over $7.0 billion (as of 2007) claims adjusting industry." The Grass Roots Report concluded its summary that "AAAA is potentially an attractive short term trade, long term investment opportunity and is projected to provide an upside potential of 207% in the short and long term."

The report as compiled and published was done so through outside parties to the Company and as such was not paid for or sponsored by the Company, or any officer or director of the Company. Grass Roots Research and Distribution, Inc. took responsibility for all of its projections contained in its report and relied upon publicly available materials for such conclusions, analysis and projections. The Company was in no way responsible for such matters or make up of such conclusions and projections.

The full Grass Roots Report can be viewed at http://www.baystreet.ca/articles/research_reports/research_reports.aspx

The foregoing press announcement contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "projected," "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.

Contact Information

  • Contact:
    Phillip McAliley
    713-294-1197