ATLANTA, GA--(Marketwired - Oct 20, 2016) - Title King, through its parent Company, New America Energy Corp. (OTC PINK: NECA), announces that the Company has recently been approved for its Apple Developer account and expects to launch its BestTitleDeal app in the imminent future.
BestTitleDeal is an industry disruptive FinTech application that management believes could revolutionize the Title Pawn business by providing a competitive bidding process that will help ensure each consumer will receive the most cash for their vehicle and at the best rates available.
In addition to driving customers to its flagship brick and mortar store, BestTitleDeal will also act as a huge revenue source as Title King will focus on generating leads nationwide and once captured, sell those leads to other lenders across the country at a price ranging from $50.00 to $100.00 per lead.
Jeff Canouse, CEO, commented, "This is a game changer, not only for Title King but also the industry. According to Pew Research, roughly Two Million (2,000,000) individuals use Title Pawns each year, if we only capture 5% of those customers and sell those leads at the low range, you're looking at Five Million Dollars ($5,000,000.00) in revenue just on a conservative basis. We have already had tremendous interest from one of the largest Title Pawn companies in the country wishing to use our App. I look forward to announcing our live App in the near future and will invite all our shareholders to download it and share their feedback.
About New America Energy Corp
Based in Atlanta GA, through its title loan subsidiary, Title King, LLC, provides short-term high interest loans to consumers through the collateral use of car and truck titles. The Company operates in the alternative financial services industry, providing automobile title loans to consumers who own their vehicle free and clear and need convenient and simple access to funds. Other products offered in this industry include other forms of consumer loans, check cashing, money orders and money transfers. Consumers who use alternative financial services are often referred to as "underserved" or "underbanked" by banks and other traditional financial institutions. With store operations expected to expand throughout the South East, Title King expects to provide short-term loans to a wider reach of consumers. www.titlekingloans.com
Photos of our Title Loan store can be viewed on our Twitter account at
Photos are also available on the Company Facebook account at
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of New America Energy Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.