GEGP Gold Entertainment Group Inc (PK)

Itonis, Inc. (PINKSHEETS: ITNS) announced on Friday their acquisition of Performance Mortgage Group (PMG), a full service consumer financial marketing network.

With the addition of PMG, and its 1900 affiliates, Itonis also gets nearly $1 million dollars in accounts receivable. PMG is also in the process of obtaining warehouse receipt lines of credit to help facilitate funding loans in house, which would be a major boost to revenue.

If PMG meets their expectation of $30,000,000 in loan fundings a month, at a minimum origination fee of 1%, PMG could expect to see over $300,000 a month in revenue on the books.

To view the entire press release, please visit http://finance.yahoo.com/news/Itonis-Consumer-Financial-iw-398407527.html?x=0&.v=1

Other active stocks are Annaly Capital Management (NYSE: NLY) Wintrust Financial Corp (NASDAQ: WTFC) and Gold Entertainment Group (PINKSHEETS: GEGP).

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