Freedom Financial Group, Inc. was a regional automotive finance company that specialized in working with customers who had less than perfect credit.

Freedom Financial Group, Inc. ceased purchasing installment contracts on September 23, 2009 and sold it's porfolio of loans on December 4, 2009. The company was dissolved on December 7, 2009, no longer conducts any business and is currently undergoing a complete liquidation.

The Company continues to carry out the Plan of Dissolution and Complete Liquidation as approved by the stockholders at our November, 30, 2009, Special Meeting. Substantially all of the Company’s non-cash assets have been sold and all of our business activities have ceased except for those relating to winding up and liquidating our business and affairs, which will take place over a three year period through December, 2012, as required by Delaware law.

We continue to estimate that the aggregate amount of cash distributions to stockholders will be in the previously disclosed estimated range of $0.17 to $0.21 per share of common stock, including the $0.17 per share that was previously distributed to stockholders in December, 2009. We do not anticipate any further distributions until December, 2012, due to the processing costs required for each distribution.