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Share Name | Share Symbol | Market | Type |
---|---|---|---|
American Church Mortgage Inc (CE) | USOTC:ACMC | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.04 | 0.00 | 01:00:00 |
The dividend is to be paid on April 29, 2011 to shareholders of record as of April 26, 2011. Total revenues for the first quarter of 2011 were $788,524, versus $904,554 for the first quarter of 2010. Earnings before items were $.11 per share versus $.13 per share for the first quarter ended March 31, 2011 and 2010, respectively. The Company operates as a real estate investment trust, and revenues of the Company are derived primarily from interest income earned from loans to churches and other non-profit religious organizations.
On April 1, 2009, American Church Mortgage Company registered a public offering of $20,000,000 of Series "C" Secured Investor Certificates with the SEC. The offering is being conducted by American Investors Group, Inc., Minnetonka, Minnesota on a best efforts basis.
For more complete information about ACMC's public offering, including charges and expenses, a Prospectus may be obtained from American Investors Group, Inc., 10237 Yellow Circle Drive, Minnetonka, Minnesota 55343 or by calling (800) 815-1175 extension 134. Investors are encouraged to carefully read the Prospectus before investing and forwarding funds.
Information concerning ACMC is available on its website, www.church-loans.net or by calling (800) 815-1175 extension 127.
Contact: Scott Marquis CFO (952) 252-0909
1 Year American Church Mortgage (CE) Chart |
1 Month American Church Mortgage (CE) Chart |
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