SOURCE: Time Lending California, Inc.

February 08, 2006 06:30 ET

Time Lending California, Inc. Today Announces Retention of International Monetary Resources as Its Investment Banking Firm

ORANGE, CA -- (MARKET WIRE) -- February 8, 2006 -- TIME LENDING CALIFORNIA, INC., a Nevada corporation (OTC BB: TIML) ("the Company"), also a mortgage company and a leader in marketing for the mortgage, real estate, insurance and other market driven industries, today announced that it has engaged International Monetary Resources, Inc. ("IMR") as its investment banking & strategic advisory firm to structure financing and provide capital resources, identify merger and acquisition candidates, and advise the Company's management on other strategic decisions.

"IMR has a direct connection to the investment community which will help us quickly move forward with our strategy," said Michael F. Pope, CEO and President of Time Lending California, Inc. "Their vast experience will aid in our overall market support, which is where we have needed some more substantial professional help in the past."

Mr. Pope continued, "IMR is one of the premier investment banking consulting firms in the United States catering specifically to small capitalization public companies. With its team of professionals serving its corporate clients, IMR has the experience and resources to quickly facilitate financing and to bring a substantial number of M&A candidates to the table. We are pleased to be associated with this premier firm in this exciting industry."

M.B. Riley, Managing Director of IMR, states, "Time Lending provides a platform for dynamic marketing for mortgage lenders, real estate, insurance, and other market driven industries, that positions the Company for significant growth." Newport Beach-based IMR will provide Time Lending with services ranging from the preparation of corporate documents to providing guidance and assistance in maximizing shareholder value.

ABOUT IMR:

Founded in 1997, IMR recognized a need to provide Investment Banking Services with the speed and precision that is required in the new Internet and technology economy. IMR focuses on turnaround situations and rapidly growing small companies, specializing in debt/equity financing of under $1 billion. IMR is led by a team of Managing Directors that provides a number of strategic advisory services including: M&A, International Licensing/Commercialization, Retail Product/Service Distribution, Advertising & Marketing, and Shareholder Enhancement Services. To find out more about IMR, go to: www.imr.bz

ABOUT Time Lending:

Time is engaged in the business of direct mail marketing under the dba. Signature Marketing. Signature's mailing pieces generate mortgage leads for mortgage broker and lender clients across the country. Over the past eight years, Time Lending's marketing division has helped many mortgage companies grow through its marketing effort. Time Lending is also engaged in business as a mortgage broker to originate first and second loans secured by real estate through deeds of trust and mortgages.

The Company's business strategy is to provide a public umbrella for mortgage companies that desire to grow rapidly through participation with their own marketing company. Time will acquire mortgage companies and grow them though expanded direct mail marketing. The Company is also looking to acquire real estate related companies such as real estate brokerages, escrow and a property management company. In addition, Michael Pope, CEO, and Philip La Puma, CFO, have 15 years of franchising experience and the Company will seek companies that desire to franchise their operations.

This news release may include comments that do not refer strictly to historical results or actions and may be deemed to be "forward-looking" within the meaning of the Safe Harbor provisions of the U.S. Federal Securities Laws. These include, among others things, statements about expectations of future revenues, cash flows and capital requirements. Forward-looking statements are subject to risks and uncertainties that may cause the company's results to differ materially from expectations. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will provide to be correct. These risks include the company's ability to further develop its business, the company's ability to develop appropriate strategic alliances and successful development and implementation of technology, acceptance of the company's products and services, competitive factors, new products and technological changes, and other such risks as the company may identify and discuss from time to time, including those risks disclosed in the company's amended registration statement on Form SB-2 filed with the Securities and Exchange Commission. Factors that could cause results to differ include, but are not limited to successful performances of internal plans, the impact of competitors, and general economic risks and uncertainties.

Contact Information

  • Contact Information:
    Time Lending California, Inc.
    Phil La Puma
    CFO
    1580 N Batavia Suite 2
    Orange, CA, 92867
    Office: (800) 358-9887
    Fax: (714) 288-5919

    International Monetary Resources, Inc.
    Blaine Riley
    President
    620 Newport Center Dr, Ste 1100
    Newport Beach, CA, 92660
    Office: (949) 200-4601
    Fax: (949) 376-8510