Vestin Realty Mortgage I, Inc. Seeks to Repurchase Shares of Its Common Stock
LAS VEGAS, June 6, 2017 /PRNewswire/ -- Vestin Realty Mortgage I, Inc. (OTC: VRTA) (the "Company") announced today that the company is seeking to repurchase shares of its common stock. To the extent reasonably practicable, VRTA will comply with Rule 10b-18 of the Securities and Exchange Commission.
Vestin Realty Mortgage I, Inc., formerly Vestin Fund I, LLC, invests in loans secured by real estate through deeds of trust or mortgages and as defined in our management agreement as mortgage assets. In addition, the company invests in, acquires, manages or sells real property and acquires entities involved in the ownership or management of real property.
About Vestin Realty Mortgage I, Inc.
Vestin Realty Mortgage I, Inc., formerly Vestin Fund I, LLC, invests in loans secured by real estate through deeds of trust or mortgages and as defined in our management agreement as mortgage assets. In addition, we invest in, acquire, manage or sell real property and acquire entities involved in the ownership or management of real property. We commenced operations in June 2001. Vestin Realty Mortgage I, Inc. is traded on the OTC pink sheets under the symbol "VRTA," with headquarters located in Las Vegas, Nevada. Please visit: http://vestinrealtymortgage1.com/.
This press release contains statements about the future expectations, beliefs, goals, plans or prospects of the management of Vestin Realty Mortgage I, Inc. These statements are based on current expectations, estimates, forecasts and projections and management assumptions about Vestin Realty Mortgage I, Inc. These statements constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words such as "expects," "believes," "estimates," "anticipates," "targets," "goals," "projects," "intends," "plans, "seeks," and variations of such words and similar expressions are intended to identify such forward-looking statements which are not statements of historical fact. These forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to assess. Vestin Realty Mortgage I, Inc. has no obligation to update such forward-looking statements. Actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements.
CONTACT:
Vestin Realty Mortgage I
8880 W. Sunset Rd. Suite 200
Las Vegas, Nevada 89148
Tel: (702) 227-0965
Fax: (702) 227-5247
SOURCE Vestin Realty Mortgage I, Inc.
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