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Credit One Financial Inc  (COFI)
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    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $0.2100 $0.00 0.000%
Day's High: $ 0.21 Week Perf:
Day's Low: $ 0.21 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $ 0.00
Open: $ 0.21 52 Wk Low: 0.00
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 Market Capitalization (Millions $) 68
 Shares Outstanding (Millions) 326
 Employees 2
 Revenues (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) -1
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 0
Credit One Financial Inc
Credit One Financial, Inc. was incorporated in the State of Florida on September 24, 1999. Prior to July 2007, the Company was engaged in market research regarding the cost and availability of non-performing credit card debt portfolio and in contemplating the acquisition of non-performing accounts receivable. In spite of it, no meaningful operations were carried out.

In July 2007, the Company’s four principal shareholders sold an aggregate of 6,962,438 shares, which represented 89.48% of the Company’s capital shares, to ten persons for a total of $625,000 in cash. Following the change of control, the Company made an effort to provide funding, primarily in the form of advance, to small- and medium-sized companies with good and feasible business plans, but lacking capital to implement their business plans. In January 2008, the Company ceased this business, and a joint venture, Moderation Limited (“Moderation”) was established in Hong Kong. The Company owned 51.6% of Moderation’s equity interest.



COFI is expected to report next financial results on February 21, 2019.
 

Credit One Financial Inc's Segments
 
 
 
Company Estimates
 
 
  Revenue Outlook
   Credit One Financial Inc does not issue revenue guidance.

  Earnings Outlook
   Credit One Financial Inc does not provide earnings estimates.  

 

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