A Kaulkin Ginsberg Publication
11/21/2009

Medical Biller and Collector to Go Public

November 8, 2006
 
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GS Woodmere Inc., a subsidiary of Consumers Financial Corporation has filed a 15c-211 application to be publicly traded on the OTC Pink Sheets. As previously released by Consumers Financial Corporation on July 28, 2006, the company's goal is to trade publicly upon approval by the NASD.

Gene Khodak, President and CEO stated, "We are accomplishing our goals with the dedication and assistance of our parent company, Consumers Financial Corporation, and its chairman and CEO, Jack Ehrenhaus. We look forward to bringing value to our stockholders and the stockholders of Consumers Financial Corporation with a strong foundation in the $78 billion medical billing and collection market."

GS Woodmere will be investing in the development of a new program called Doctor4School which is expected to allow the company to grow substantially and pave the way for its emergence onto the national marketplace.

For year end December 31, 2005 Woodmere generated gross revenue (collected billing) in excess of $16,500,000 and was profitable. It operates the facility in Queens, New York, employs 9 people and services over 30 clients.

"We see room for immediate expansion of the business that Woodmere does," stated Mr. Ehrenhaus, "by simply marketing more intensely."

GS Woodmere Inc. is an integrated Claims Management and Medical Billing solutions provider, providing its clients with Coding, Claim Verification, Transcription/Reporting, Collection, Arbitration and Litigation services.

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