Port Orange, FL, May 04, 2009 --(PR.com
)-- NickelScan.com announces a major setback to their planned expansion due to their inability to raise capital in the current business environment. “Our previously announced plans to move into other areas of image preservation are temporarily on hold”, said Pete Fontaine founder of NickelScan.com. “As impressed as the lenders were with our recent business success, the quality of our services, and our overall financial condition, they have regrettably pointed to the extreme nature of the credit crisis as the reason for their denial,” Fontaine continued.
NickelScan plans on putting off their efforts to raise capital for expansion and to continue doing business as usual until economic conditions begin to improve.