This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Timios National Corporation Completes Acquisition Of Glenn County Title Company

ARLINGTON, Va., June 19, 2013 /PRNewswire/ --  Timios National Corporation OTCBB: HOMS ("Timios"), a national provider of real estate services to banks, financial institutions and mortgage lenders today announced that it has completed the purchase of Glenn County Title Company (GCTC) after receiving regulatory approval from the California Department of Insurance on June 6 th 2013.  Located in Willows, California, GCTC was a privately held title company serving businesses and residents in Glenn County California since 1891.

Pursuant to the purchase agreement signed and disclosed in May 2012, GCTC will be wholly owned by Timios, Inc., the primary Title and Settlement subsidiary of the Company, and its financial results will be consolidated under Timios, Inc and into Timios National Corporation.

C. Thomas McMillen, President and CEO of Timios National Corporation commented, "We are pleased the acquisition has been completed on the terms of our purchase agreement. This acquisition will allow us to enter the title insurance in California and will expand our coverage area and continue to grow our revenue."

Trevor Stoffer, CEO of Timios, Inc. commented, "I am excited to confirm our entry into the California title insurance market with the acquisition of GCTC. GCTC has an excellent history of dedication to their customers. We look forward to leveraging our technology service model to expand and support their clients, and welcoming Richard Thomas, President of GCTC, into the executive management team."

Richard and DeAnnah Thomas owned and operated Glenn County Title Company for the last 15 years and combine for over 60 years of experience in the industry. Mr. Thomas has managed a diversified suite of title insurance products ranging from commercial to residential policies.

Mr. Thomas, President of GCTC added, "We are excited to begin our partnership with Timios, Inc. and will now be able to bring new technology and services to our highly valued clients within Glenn County California."

About Timios National Corporation

Timios National Corporation is a company engaged in the strategic acquisition, development, and consolidation of real estate service businesses. The company is focused on creating long-term value by taking controlling interest and developing its subsidiary companies through superior operations and management. Former Maryland Congressman C. Thomas McMillen, who served three consecutive terms in the U.S. House of Representatives from the 4th Congressional District of Maryland, heads the company.

Timios National Corporation operates businesses that provide real estate products and service solutions, growing organically and by acquisitions. The company is targeting emerging companies that are generating revenues but face challenges in scaling their businesses to capitalize on growth opportunities.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.16 -0.49%
FB $118.11 0.04%
GOOG $699.17 0.50%
TSLA $213.32 -4.20%
YHOO $37.00 2.80%


Chart of I:DJI
DOW 17,697.25 +45.99 0.26%
S&P 500 2,055.71 +4.59 0.22%
NASDAQ 4,733.79 +8.1510 0.17%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs