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Tag: Public Companies

Bank of Southern California Completes $7 Million Capital Offering and Announces New Board of Directors

SAN DIEGO, Calif., Jan. 4, 2017 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that it has completed a capital raise of $7 million through a stock purchase agreement of the Bank's common stock with Castle Creek Capital, based in Rancho Santa Fe, California.

Banker Ms. Luz Gonzalez Joins Bank of Southern California, N.A.

RANCHO MIRAGE, Calif., Nov. 16, 2016 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced today that Luz Gonzalez has joined the Company as Branch Sales Manager of its Rancho Mirage branch. Most recently, Ms. Gonzalez served the Coachella Valley community as a Deputy Sheriff for the Riverside County Sheriff's Department, following a successful eleven-year career at El Paseo Bank.

Bank of Southern California, N.A. (BCAL) Selects nCino to Improve Workflow Process

SAN DIEGO, Calif., Oct. 12, 2016 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced today that it has selected nCino's Bank Operating System to automate the Bank's lending and treasury management processes, enabling the bank to ultimately better serve its customers.

The Bank of Southern California Recognized as a 2016 Top Small Business Lender

SAN DIEGO, Calif., Aug. 29, 2016 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) has been recognized as a top small business lender in San Diego County based on the volume of SBA 7(a) loans originated according to the San Diego District Office of the U.S. Small Business Administration's fiscal year-end lender rankings as of July 31, 2016.

The Bank of Southern California Completes Acquisition of Opus Bank Branch

SAN DIEGO, Calif., Aug. 26, 2016 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL) has completed the purchase of the deposits of the La Quinta branch of Opus Bank. The transaction closed on Friday, August 19, 2016. Customers of the Opus Bank La Quinta branch were consolidated into the existing La Quinta branch of Bank of Southern California. As of Monday, August 22, 2016, the former Opus Bank La Quinta customers now have access to all Bank of Southern California locations, including three Coachella Valley branches located in La Quinta, El Paseo-Palm Desert, and Rancho Mirage.

Bank of Southern California Provides $5 Million in Financing to OWB Real Estate Holdings, LLC

SAN DIEGO, Calif., July 20, 2016 (SEND2PRESS NEWSWIRE) -- Bank of Southern California N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that it has provided $5 million in financing as senior lender in part of a larger financing arrangement for OWB Real Estate Holdings, LLC. The financing was a combination of bank borrowing, and loans secured through the Federally backed New Market Tax Credit program. The financing provided funds used for the acquisition of land, improvements, and equipment of a shuttered beef slaughter and processing plant in Brawley, Calif., formerly operated by National Beef.

Baldor Specialty Foods and Whole Foods Market Inc. Announce The Baldor Forager Launch at New Williamsburg Store

HUNTS POINT, N.Y., July 19, 2016 (SEND2PRESS NEWSWIRE) -- Baldor Specialty Foods, the premier ingredient source for NYC's best chefs, today announced a collaboration with Whole Foods Market's Northeast Region that will make the company's selection of unique culinary items available to home cooks for the first time through an in-store, digital kiosk called The Baldor Forager which will launch exclusively on July 26 in coordination with the grand opening of Whole Food Market Williamsburg.

Bank of Southern California to Acquire Opus Bank Branch

SAN DIEGO, Calif., June 1, 2016 (SEND2PRESS NEWSWIRE) -- Bank of Southern California (OTC Pink: BCAL / OTCMKTS:BCAL) announced that it has reached a definitive agreement to acquire the deposits of the La Quinta branch of Opus Bank located at 78080 Calle Estado #101, La Quinta, pending regulatory approval. The sale is anticipated to close on or about August 19, 2016.

Wells Fargo Approves Hybrid eClosings on Pavaso’s Digital Close Platform

PLANO, Texas, May 26, 2016 (SEND2PRESS NEWSWIRE) -- Pavaso, Inc. (Pavaso), a provider of digital process and collaboration solutions for the real estate lifecycle, announced that Wells Fargo has named Pavaso an approved vendor for "hybrid" eClosings. In a hybrid eClosing, select documents are printed and "wet signed," but much of the closing package is executed electronically. Effective immediately, Wells Fargo will accept loans closed on Pavaso's Digital Close(SM) platform using this hybrid process.
MEDITE Cancer Diagnostics

MEDITE Cancer Diagnostics, Inc. Reports 2015 Q2 and Six Month Results, Increases Equity

ORLANDO, Fla. /Florida Newswire/ -- MEDITE Cancer Diagnostics, Inc. ('Company,' OTCQB symbol: MDIT / OTCBB:MDIT / OTCMKTS:MDIT), specializing in the development, manufacturing, and marketing of molecular biomarkers and premium medical devices for detection, risk assessment and diagnosis of cancer and precancerous conditions announces second quarter and six month 2015 results.
MEDITE Cancer Diagnostics

MEDITE Cancer Diagnostics, Inc. Announces Change of Auditor, engaging WithumSmith+Brown, P.C.

ORLANDO, Fla. /Florida Newswire/ -- Cancer Diagnostics, Inc. (OTCQB symbol: 'MDIT' / OTCBB:MDIT), specializing in the development, manufacturing and marketing of molecular biomarkers and premium medical devices for detection, risk assessment and diagnosis of cancer and precancerous conditions, announces change of auditors.

Arbitration Hearings Scheduled: Wolinskys vs. American International Industries, Inc. and Daniel Dror

HOUSTON, Texas, April 16, 2015 (SEND2PRESS NEWSWIRE) -- Arbitration hearings have been scheduled for May 8, 2015 and May 13-15, 2015 regarding breach of contract, defamation and fraud claims for at least $131,081.21 filed against American International Industries, Inc. ('American'; Ticker: AMIN / OTC:AMIN), and its CEO, Daniel Dror, by Scott Wolinsky, a former director of American, and Maria T. Wolinsky, his wife.

Former Director Files Two Lawsuits Against American International Industries, Inc.

HOUSTON, Texas, Feb. 13, 2015 (SEND2PRESS NEWSWIRE) -- Scott Wolinsky, a former director of American International Industries, Inc. (OTCBB:AMIN / OTCQB: AMIN), and Maria T. Wolinsky, his wife, have filed two civil lawsuits (Cause No. 2014-74771 filed 12/31/2014 in the 157th Judicial District Court of Harris County, Texas alleging defamation and Cause No. 2015-00708 filed 01/07/2015 in the 11th Judicial District Court of Harris County, Texas alleging fraud) against AMIN and its CEO and President, Daniel Dror.

Bank of Southern California N.A. Successfully Raises $7.2 Million in Capital

SAN DIEGO, Calif., Feb. 9, 2015 (SEND2PRESS NEWSWIRE) -- Bank of Southern California (OTCQB: FBBN) (the 'Bank') announced today that it completed a private placement of approximately $7.2 million of its common stock, positioning the Company to grow its Southern California Franchise.

Bank of Southern California Acquires Frontier Bank, FSB dba El Paseo Bank

PALM DESERT, Calif., Nov. 7, 2014 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Markets FBBN / OTCMKTS:FBBN) announced today that it purchased substantially all the assets and liabilities of Frontier Bank, FSB dba El Paseo Bank through a purchase and assumption agreement with the FDIC.

PrimeLending Signs with Global DMS, Implements eTrac Valuation Management Solution

LANSDALE, Pa., June 24, 2014 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of Web-based compliant valuation management software, announced that PrimeLending, a national residential mortgage lender, successfully implemented its eTrac(R) valuation platform to compliantly automate the lender's entire appraisal process.

Riverview Financial Corporation Announces Second Quarter Cash Dividend

HALIFAX, Pa., May 16, 2014 (SEND2PRESS NEWSWIRE) -- Riverview Financial Corporation (OTCQB: RIVE) announced that on May 14, 2014 its Board of Directors declared the payment of a cash dividend of $0.14 per share for the second quarter 2014, an increase of 12 percent as compared with the $0.125 cash dividend paid for the second quarter of 2013. The dividend is payable on June 30, 2014 to all shareholders of record as of June 6, 2014.

Halo Companies, Inc. Taps Titan Lenders Corp. for Secure REO Collateral/Document Custody

DENVER, Colo., Feb. 4, 2014 (SEND2PRESS NEWSWIRE) -- Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) announced it has been selected by nationwide distressed asset firm Halo Companies, Inc. (OTCQB: HALN), to retain custody of documents and collateral related to distressed asset purchases for its clients.

The Carlyle Group to Invest in Edgewood Partners Insurance Center to Support EPIC’s Expansion

SAN FRANCISCO, Calif., Nov. 14, 2013 (SEND2PRESS NEWSWIRE) -- Edgewood Partners Insurance Center (EPIC), a leading retail insurance broker headquartered in California, announced today that funds managed by global alternative asset manager The Carlyle Group (Carlyle) have agreed to acquire a controlling equity stake in the company. Carlyle's investment will enable EPIC to continue to execute its organic growth strategy and support strategic acquisitions of complementary insurance distribution platforms throughout the United States.

Global DMS Integrates its Valuation Management Platform with Ellie Mae’s Encompass360

LANSDALE, Pa., Oct. 8, 2013 (SEND2PRESS NEWSWIRE) -- Global DMS, the leading provider of Web-based compliant valuation management software, announced that its eTrac Enterprise platform is now integrated with Ellie Mae's loan origination system (LOS), Encompass360(R). The integration is seamless and allows the entire appraisal process to be efficiently and compliantly completed directly from within Encompass360.

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