Do take a look at this article. http://www.reliantfsc.com/news/Reliant%20Press%20Release%20-%20Reliant%20Now%20Fully%20Accessible%20under%20the%20Filogix%20System%20and%20an%20Increase%20in%20Mortgage%20Origination%20is%20Anticipated%20-%20May%208,%202007.pdf
" When the system was activated May 4, 2007, the Filogix system had archived 109 mortgage applications that had been submitted for Reliant's underwriting for a total of $33,170,471.77 in mortgage applications submitted. "
This is for a company that has 8 Million in Market cap. They expect to turn a profit by the 3rd quarter.
Take a look at this article. http://www.investorshub.com/boards/board.asp?board_id=5251 and look at the ludlow report. It paints a very rosy picture and expects an 8 cent stock to potentially go up to 12 bucks if they meet targets. Take it with a pinch of salt because everything they talk about is yet to be proven from an earnings perspective.
I think the train has started just based on the new mortgage apps it's processing and it certainly is good news for those of us trying to get in at this point.
Cheers,
Ahu
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