Jon Richards was the founder and publisher of "Noteworthy Newsletter", a major newsletter for buyers and brokers of cash flows on the secondary market. The newsletter has been published monthly since October of 1989. Jon has published articles in multiple real estate journals and was a regular columnist for Creative Real Estate Magazine. He was the president of Noteworthy Investments, Inc. for 15 years. His company buys 7-10 estate notes each month and has successfully been doing so the last 13 years. Jon Richards was a licensed Real Estate Broker, investor and an expert in the field of finding, appraising, buying and brokering discounted notes and mortgages. He was a professor and tenured instructor at the Real Estate College of Alameda, California. The college had employed him since 1973. His company has multi-million dollar portfolio in real estate mortgages and cash flows. Jon Richard’s company has developed most of the software now used in discounted note industry. These include "Note Quote, Note Recaster, Working with Realtors and Direct Connect, "which is a database program linked to and updated by the Internet. In the past Jon Richards was one of the leading instructors and sold his "home study" note-brokering course to potential note brokers. His publications include: Calculator Power, 99 Good Ideas for Finding Notes, The Truth about the Note Business, and Sell Your Property Fast." Jon Richards held a masters degree in Counselling Psychology. He passed away in November 2003.

Since October 1993 Jeff Armstrong became Editor of the Noteworthy Newsletter. Armstrong Capital was established in May 1991 and Jeff began working fulltime in the note business since that time. Noteworthy Newsletter is a 22-year old corporation that began as a real estate company buying and managing apartments in Oakland, CA, San Francisco, CA and Dallas, TX. Noteworthy moved into discounted mortgage business when the real estate market grew less lucrative. Noteworthy holds national conventions, sponsors classes and publishes books to support a growing real estate investing community.