AmeriWorks Financial Services, Inc. (AWKS) Plans to Launch A Series of Debentures Collateralized by Debt Portfolios SCIOTA, Pa., Feb. 28, 2012 /PRNewswire/ -- AmeriWorks Financial Services, Inc., (symbol "AWKS") has today announced a major shift in the business priorities of the Company. "Since becoming a public Company on December 16, 2010, we have been seeking capital to market certain financial products we have developed," said Louis Perosi, Jr. President of the Company. The arbitrary price of our Common Stock by market makers has made it impossible to raise equity capital at a reasonable price. The Company started out as a collection Company approximately 10 years ago and has continued to collect all forms of debt while specializing in the collection of bad checks. The Company's annual report shows a small profit for the year ended December 31, 2011 as a result of collection income. "Our foundation business has always been collections," said Perosi. Therefore, in a Board of Directors meeting held on Monday, February 20, 2012, the Board made a decision to focus on collections and fund the marketing of its other financial products through the expansion of its collection business. "To do this," said Perosi, "we have decided to sell Debentures with the funds used to purchase a debt portfolio to be owned by the Debenture Holders. The debt portfolio will be collected under a contract between the Debenture Holders and the Company with 60% paid to the Debenture Holders and 40% paid to the Company. Debt portfolios will periodically be sold and new portfolios purchased on behalf of the Debenture Holders. Perosi continued, "Debenture Holders will receive electronic quarterly payments until the Holders receive 150% on their original investment. Debenture Holders will also receive Common Stock Purchase Warrants exercisable at the option of the Holder according to a sliding scale. Perosi stated, "We are no longer going to deal with the arbitrary pricing of our Common Stock by market makers who continually show unrealistic prices, making it impossible for us to raise equity capital. We are going to use our own ability to collect debt as a cash return investment vehicle by which we will grow our Company. The Company is currently developing the documents for this offering. Interested investors who would like to review the documents when available should contact the Company. AWKS is a public company trading in the OTC Pink Sheets with the symbol AWKS. For more information contact Louis Perosi, Jr., President of AWKS at 1-888-282-2802 or email Mr. Perosi at smallstock@verizon.net. This press release is not an offer to sell or a solicitation to buy the shares of stock, which offer to sell or solicitation to buy can only be made through a prospectus or an offering memorandum. For more information, contact ADW and the contact person shown above. SOURCE AmeriWorks Financial Services, Inc.