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Equity Development Corp & AMC Financial Holdings Inc	Update Date: 10/21/08
Date Announced: 10/09/08
Value (million $USD): n/a

Status: Completed

TRANSACTION DETAILS
Date Announced	10/09/08
Date Originally Announced	10/09/08
Format	Acq. of Assets	Acquisition techniques	Not Applicable
Attitude	Friendly	Agency	n/a
Value	n/a	Advisor Fees	n/a

SYNOPSIS
US - AMC Financial Holdings Inc acquired Equity Development Corp, a real estate investment firm.

TARGET
Name	Equity Development Corp
Industries	Misc business credit; Loan brokers
City	Virginia Beach
State	VA
Nation	United States
Incorporated in	n/a
Public Status	Private
Business Description	Equity Development Corp, located in Virginia Beach, Virginia, is a real estate investment firm, that provides loan and consulting services. It is involved in real estate transaction like residential rehabilitation, new construction, commercial construction/development, and raw land development. The company was founded in 1998.
Advisors	NULL
Target Sales	n/a

ACQUIROR
Name	AMC Financial Holdings Inc (OTC : ACFL)
Industries	Functions related to depository banking, nec; Misc business credit
City	Houston
State	TX
Nation	United States
Incorporated in	n/a
Public Status	Public
Business Description	AMC Financial Holdings Inc, located in Houston, Texas, is engaged in the selling and servicing of mortgage loans secured primarily by one to four family residences. The company was founded in 1985.
Advisors	NULL
Acquiror Sales	n/a

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