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As Liens
Increase, So Could Your Prospects: Alpine TLI Group, Inc.
(Pink Sheets: APGR)
AllPennyStocks.com News
April 9, 2008 (AllPennyStocks.com
Media, Inc.) – It’s crunch time on both sides of the
border, with taxpayers in the United States needing to get a
wiggle on to get their returns in by April 15, their Canadian
counterparts by April 30. There is no way around it – you MUST
pay for taxes, regardless of how rich or poor you are.
This month’s tax deadlines sharpen awareness of the
consequences of NOT paying your taxes: poorly-funded
government services such as police, fire protection, schools,
roads, etc. When folks don’t pay their taxes, delinquents are
charged interest on what they owe; if they hold property,
jurisdictions slap liens against those properties. At the most
extreme, criminal charges and prison term could be the unhappy
result.
But for small cap investors who are not averse
to a little investigation, there is an upside, one that could
add some lustre to your portfolio.
Utah-based lien and tax deed experts Alpine TLI Group, Inc.
(PINK SHEETS:
APGR) encourages investment in tax lien certificates,
pointing to more delinquent property taxes then ever before
with the sliding economy. APGR offers two reasons such
certificates may be highly profitable.
If the defaulting property owner pays his taxes, those
payments are forwarded directly to you, the certificate
holder, including principal, interest and penalties (which
range from eight per cent to 25 per cent annually).
Conversely, if he doesn’t pay up, the government deeds the
property to you, the certificate holder, conferring ownership,
free and clear, for as little as five to 10 per cent of the
property’s value.
It is estimated that over $10 Billion in property tax liens
are offered for sale annually, creating a potential of more
than $1 Trillion in profits for wise investors (all figures in
U.S. dollars unless specified otherwise). With 2,600 counties
in the U.S. offering more than $10 Billion in tax liens
annually, the potential market is so large that Alpine need
only capture less than one half of one per cent of this market
to provide substantial returns.
Alpine focuses on single occupant residential property and on
land that has development potential. These properties
typically represent approximately 50 per cent of the
properties offered at auction.
In New Jersey alone, there is the potential to yield
acquisition of tax liens with a property value of over $12
Million. Sales will be conducted in the Garden State
throughout April. Also recently, in Nebraska, the redemption
period has expired and Alpine is in the process of acquiring
the deeds on more than $400,000 in real estate from several
tax lien sales in that state.
In early April, APGR announced the ulitization of the foremost
data provider in the tax sale industry. TaxSaleLists.com
prides itself as the primary source of property data for tax
sales across the country. This service provides the critical
data needed to make large-scale tax lien purchases with the
most advantageous terms. The Company is responsible for buying
over 77,000 liens, worth more than $172 Million, and
personally researching more than 2,000,000 properties.
Something of a breakthrough occurred in February, when APGR
announced it exceeded its initial acquisition numbers for a
tax sale in Maricopa, Arizona by acquiring liens on $39.5
Million worth of real estate. Alpine had only projected $20
Million.
APGR considers this a win-win situation for jurisdictions
trying to stay solvent in hard times while helping property
owners settle up with the government and keep their property.
To capitalize on this opportunity, Alpine has assembled a team
of highly qualified marketing, financial and operational
individuals who have studied and participated in the tax lien
industry.
The company is still very much in its infancy. Founder and CEO
M. Taylor Abegg comes with 25 years experience in marketing
and more than six years in real estate tax lien certificates.
Abegg, a graduate of Utah’s Brigham Young University, worked
for five years with the Campbell Group, devising marketing
stratagems for a number of start-up companies. While helming
Alpine, Abegg also consults with several sales companies on
their marketing strategies.
What else should make investors’ mouths water is that the
stock is a new issue, the Company only having gone public
shortly before Christmas. APGR peaked at 75 cents in the
second week of January, before sliding a bit down the
mountain, as wind of its product did not get around quickly
enough. A share could be had for as little as three cents in
the opening weeks of tax month April, trading as many as
100,000 shares in one day. With more tax liens being slapped
on delinquent property taxpayers, this Company could prove a
welcome addition to the portfolios of bargain seeking
investors.
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Although the majority of
AllPennyStocks.com reports are independent, it has received
compensation for carrying the report on Alpine TLI Group,
Inc., the compensation is eight thousand dollars by a
non-affiliated third-party, Blue Wave Advisors for its efforts
in presenting the APGR profile on its web site and
distributing it to its database of subscribers as well as
other services. This creates an inherent
conflict of interest and readers are encouraged to view the
main disclaimer at
/aps_us/company_spotlights/archives/apgr.asp
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