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Shearson Financial Network, Inc.
921 Front Street,
Suite 314
Phone: (415) 296-5127p:415 296-5127 San Francisco, CA  94111  United States Ticker: SHSNQ SHSNQ
This company is no longer actively traded on any major stock exchange.
Business Summary
Shearson Financial Network, Inc. (SFN), formerly known as Blue Star Coffee, Inc. (Blue Star) and Consumer Direct of America, (CDA) is a direct-to-consumer mortgage broker and banker with revenues derived primarily from origination commissions earned on the closing of first and second mortgages on single-family residences (mortgage loans and home equity loans). The Company was engaged in selling specialty coffee beans, brewed coffee and espresso-based beverages through Company-owned and franchised retail locations. The Company’s wholly owned subsidiary, Shearson Home Loans, formerly known as Consumer Direct Lending Inc. (CDL) originates retail mortgages and provides mortgage banking services. On June 16, 2008, the Company filed a voluntary petition under Chapter 11 of the United States Bankruptcy Code. On May 7, 2009, the Company announced that it emerged from bankruptcy.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/200712/31/2007YesYesYes--

Industries
SIC Code Description
6141 Personal credit institutions

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, Chief Executive Officer, Chief Financial Officer Harry R.Kraatz 59 5/8/2008 5/5/2008

Business Names
Business Name
Allstate Home Loans, Inc.
Blue Star Coffee, Inc.
Consumer Direct of America
4 additional Business Names available in full report.

General Information
Number of Employees: 3 (As of 2/10/2009)
Outstanding Shares: 42,079,599 (As of 1/23/2009)
Shareholders: 592
Stock Exchange: OTC
Federal Tax Id: 880471353


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Sunday, July 23, 2023