OWENS REALTY MORTGAGE, INC. (NYSEMKT:ORM) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition
issued a press release announcing, among other things, the
Company’s financial results for the first fiscal quarter ended
March 31, 2017. A copy of this press release is furnished as
Exhibit 99.1 and incorporated herein by reference.
accompanying exhibits, is being furnished and shall not be deemed
to be “filed” for the purposes of Section 18 of the Securities
and Exchange Act of 1934 (the “Exchange Act”), or otherwise
subject to the liability of such section, nor shall such
information be deemed incorporated by reference in any filing
under the Securities Act of 1933 or the Exchange Act, regardless
of the general incorporation language of such filing, except as
shall be expressly set forth by specific reference in such
filing.
investor slide presentation titled “Real Estate Portfolio
Report” that provides information about the Company’s real
estate asset portfolio was posted in the “Investor Relations”
area of the Company’s website.
incorporated by reference herein) contains “forward-looking
statements” within the meaning of the safe harbor provisions of
the United States Private Securities Litigation Reform Act of
1995. Forward-looking statements about the Company’s plans,
strategies, prospects, and anticipated events, including the
transactions or other items discussed in this Current Report, are
based on current information, estimates, and projections; they
are subject to risks and uncertainties, as well as known and
unknown risks, which could cause actual results to differ from
expectations, estimates and projections and, consequently,
readers should not rely on these forward-looking statements as
predictions of future events. Words such as “expect,”
“target,” “assume,” “estimate,” “project,” “budget,”
“forecast,” “anticipate,” “intend,” “plan,” “may,”
“will,” “could,” “should,” “believe,” “predicts,”
“potential,” “continue,” and similar expressions are intended
to identify such forward-looking statements.
forward-looking statements, which speak only as of the date made.
The Company does not undertake or accept any obligation to
release publicly any updates or revisions to any forward-looking
statement to reflect any change in its expectations or any change
in events, conditions or circumstances on which any such
statement is based. Additional information concerning these and
other risk factors is contained in the Company’s most recent
filings with the Securities and Exchange Commission including
those appearing under the heading “Item 1A. Risk Factors” in
the Company’s most recent Annual Report on Form 10-K and each
subsequent Quarterly Report on Form 10-Q. All subsequent written
and oral forward-looking statements concerning the Company or
matters attributable to the Company or any person acting on its
behalf are expressly qualified in their entirety by the
cautionary statements above.
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Exhibit No.
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Description
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99.1
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Press Release dated May 9, 2017 announcing the Company’s
financial results for the fiscal quarter ended March 31, 2017. |
About OWENS REALTY MORTGAGE, INC. (NYSEMKT:ORM)
Owens Realty Mortgage, Inc. is a specialty finance company that focuses on the origination, investment and management of commercial real estate loans, primarily in the Western United States. The Company’s segments include commercial real estate, residential real estate and land loans. The Company provides short-term loans to small and middle-market investors and developers that require speed and flexibility. The Company also holds investments in real estate property. The Company is managed and advised by Owens Financial Group, Inc. (OFG), a specialized commercial real estate management company. OFG arranges, services and maintains the loan and real estate portfolios for the Company. Its principal investment objectives are to preserve the capital of the Company and to provide periodic cash distributions to stockholders. Its acquisition and investment policies are to invest approximately 86.5% of its capital in real estate loans and activities related thereto. OWENS REALTY MORTGAGE, INC. (NYSEMKT:ORM) Recent Trading Information
OWENS REALTY MORTGAGE, INC. (NYSEMKT:ORM) closed its last trading session up +0.11 at 17.60 with 30,926 shares trading hands.
