Friday, May 15, 2015 8:41:13 AM
http://simsonfinance.tumblr.com/post/118963465684/a-simple-solution-for-impac-preferred-imh
My belief, and its something that I have believed for the past two years as I bought IMPHO, is that management is doing their best to grow the business.
In 2009, they did their best to save the business and they succeeded. I also believe that management sees IMPHP and IMPHO in a similar light.
In order to take the business to the next level, they need to unlock the capital markets. And to do that, the preferred holders need to participate in the profitability of the business. This is not a one-sided transaction.
On one side, the company's management provides POSITIVE GOODWILL. On the other side, investors provide TRUST. Trust and goodwill are the currencies. Once management wins back our trust, the capital markets unlock. They can then issue new securities and they don't need to rely on cash injections from an insider.
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM