IPO Withdrawal: Value Financial Services, A Pawn Shop

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A firm called Value Financial Services, inc. has just pulled its pending initial public offering today.  The reasons should be evident enough as to why, but it said it is requesting withdrawal for various business and market reasons.  This one has apparently been a pending IPO forever as it originally filed for an IPO in August 2007.  As we noted at the time of the filing, this company is a pawn shop operator.

Jon C. Ogg
October 9, 2008