Vestin Cuts Namath Campaign

  • October 15, 2001
Vestin Group Inc. announced last week that the company plans to reduce its media advertising expenses in the fourth quarter by approximately 75%. Company CEO Michael Shustek said the advertising campaign, anchored by the Company's national spokesperson, Joe Namath, has "accomplished its goal of giving the company a strong foothold in many new markets across the United States. Despite the downturn in the economy and the events of Sept. 11th, investors continued to invest in Vestin Fund II LLC at a strong pace, and the Company does not expect a decrease in investing dollars as a result of these reductions." Shustek added, "We are pleased with the success of the advertising campaign, and we will continue to monitor the flow of investing dollars, and we will adjust our advertising campaign accordingly."
Next story loading loading..