UFO Info Week-End

CertifiedEmail has beenadopted by seven of the nation’s top 10 email mailbox providers and is in useby 500 commercial government and

CertifiedEmail has beenadopted by seven of the nation’s top 10 email mailbox providers and is in useby 500 commercial, government and non-profit senders. It covers anexhaustive range of topics and is continually enhanced by its users. Resourcesinclude blogs and social networking tools, feature articles and videos,quizzes, devotionals, photo galleries and interviews with noted politicians,celebrities and spiritual leaders.Beliefnet has more than 12 Millionnewsletter subscribers and averages between 2.5 and 3 million unique visitorsper month. A subsidiary of Fox Digital Media and Fox Entertainment Group,Beliefnet is not affiliated with any spiritual organization or movement, andhas partnerships with The Wall Street Journal, Chicken Soup for the Soul, andFox Faith ( http://).Media Contact:Jordan CohenSr. Director of Industry RelationsGoodmail Systems, Inc.(917) SOURCEDigital Targeted MarketingJordan Cohen, Sr.

Director of Industry Relations, of Goodmail Systems, Inc.,+1-917-439-1764, , for Digital Targeted Marketing. New Study Shows More Than 2.1 Million California Small Business Jobs Will BeLost Over the Next 3 to 4 Years1.5 Million Face Immediate Risk of Job Loss as a Result of Small BusinessOwners Who Took out Toxic Home Mortgages according to Bornstein & Song, CPAs &Consultants Study with MerchantCircleToxic Mortgage Study will Continue Nationally, Including Florida, Arizona,Michigan, and NevadaLOS ALTOS, Calif., April 23 /PRNewswire/ — New study results show more thanone-third of all California small business owners took out risky or toxicmortgages such as Alt-A, Alt-A ARMs, Option ARMs, Interest-Only, and Subprime,etc. to get cash for business expenses during the peak of their home valuesfrom 2004 to 2007. As the first wave of mortgage resets hit, small businessowners will be at-risk of “payment shock” and default as their monthlymortgage payments skyrocket. The toxic mortgage resets began in the 4thQuarter 2008 and will continue through 2012.

“The resulting defaults will bethe cause of the 2nd ‘Tsunami’ Wave of Foreclosures that will dwarf thesubprime crisis and will take many homeowners and small business owners bysurprise. In California, these inflated mortgage payments will threaten morethan 2.1 million small business jobs,” said Prof Samuel D. Bornstein.The California Small Business Toxic Mortgage Survey is the first to providecompelling evidence of California’s small business involvement in the toxicmortgage crisis, foreclosures, and job loss The survey was created andanalyzed by Prof Samuel D Bornstein and Jung I. Song of Bornstein & Song,CPAs & Consultants, as part of their small business research which they havebeen conducting since 2000 MerchantCircle was selected by Prof Bornstein & Jung I Song, CPA to run thissurvey. MerchantCircle comprises the largest number of small business ownersin the US with more than 750,000 members. Its membership provides a legitimatesample of the nation’s small business owner community.”I purchased my home in 1999 for 235K,” says Keith Capsuto, owner KCPhotography & Music in Oxnard, CA “Within the first 3 yrs it had a value of$650K. I did the foolish thing of buying the home with an ARM loan to savemoney for business expenses.

Up to the turnaround in the real estate market, Ihad been doing a fair amount of business, but it dwindled off sharply and by2008, I was almost bankrupt. Now in 2009, business is about gone!I am 8months behind on my mortgage with credit cards up to the hilt from businessexpenses. I am attempting to work with my mortgage company and on the brink offiling for bankruptcy.”This survey confirms the research of Prof Bornstein and Jung I. Song, CPA,and highlights the fact that “Small business holds the key to a solution ofthis crisis and must be addressed in order to mitigate the nation’sforeclosures and job loss.” The survey determined that a significant number ofCalifornia small business owners are at-risk of losing their homes toforeclosure and their businesses to failure at the resetting of their toxicmortgages. “The resulting job loss will contribute to California’s spikingunemployment and cause further financial distress to California’s economy,”according to Prof Samuel D. Bornstein.”Small business owners are the key to our nation’s future success – as theycreate roughly 2/3 of all new American jobs,” says Darren Waddell, VicePresident of MerchantCircle.

“With the nation’s largest small businessmembership base, it’s very important that we work to highlight issues thatthey face collectively as a group and bring it to the attention of our electedofficials.”Survey Highlights:”It is a tragedy when an individual borrower defaults on the mortgage andloses his/her home.The tragedy is magnified when the borrower is a smallbusiness owner employing from 1 to 21+ employees.The loss of jobs related tomortgage default and the resulting business failure will further weaken oureconomy and prolong the recession,” said Prof Samuel D. Bornstein.–34.9 % (1,173,900* At-Risk) CA Small Business Owners used risky orToxicMortgages or refinancing to get cash for business expenses.Thesemortgages are at-risk of default at reset.–29.9 % (1,005,700* At-Risk) CA Small Business Owners are “veryworried” about their monthly mortgage payment due at reset.Theyare at-risk of “Payment Shock.” Estimated Job Loss for CA Small Business Owners Who are “Very Worried”(2009 to2012)–Low2,100,500–High 3,272,300+–28.7 % (965,300* At-Risk) CA Small Business Owners are At-Risk of”Payment Shock”.They do not know the monthly mortgagepayment that they will be required to pay at reset.–17.9 % (602,100* are at Immediate Risk of Default) CA Small BusinessOwners are delinquent, having missed 1 to 3 or more monthly mortgagepayments at this date. More delinquencies are expected in the upcomingresets in 2009 to 2012.Estimated Job Loss for CA Small Business Owners Who are Now Delinquent–Low 1,461,400–High2,582,500+* Based upon 3,363,476 CA Small Business Owners, according to 2007 reportprepared for the Small Business Administration’s office of Advocacy. About MerchantCircleFounded in 2005, MerchantCircle is the largest social network of localbusiness owners in the nation with over 750,000 members.