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Surety Capital Corp. (fka SRYP)

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Last Post: 7/22/2016 4:01:45 PM - Followers: 19 - Board type: Free - Posts Today: 0

Herrera Financial
6145 Wedgwood Drive
Fort Worth, Texas 76133
817.984.8809 Fax

Business Description

Surety Capital factors funeral home accunts receivable that are secured with proceeds from life insurance policies

Share Structure

Market Value1 $489,629 a/o May 18, 2011
Shares Outstanding 16,320,973 a/o May 02, 2011
Float 7.2m
Authorized Shares 20,000,000 a/o May 02, 2011
Par Value 0.01

All officers hold 9.2m (56.11%)

immediate Abrams Family owns or controls directly or indirectly at least 8,396,317 shares.

SRYP has offered common stDck for services rendered during the past two years as follows:

Ralph Mendoza 100,000 shares
Marcus J'vIarsden, Jr. 100,000 shares
Tim Rasa 100,000 shares Julie
Martinez Abrams 100,000 shares

The stock issued to each person above was for their becoming a director ofSRYP.
(100,000 shares in todays price of 0.03 is just $3000. How much is Two years of their service is worth?)

Veronica Herrera was issued 100,000 shares in exchange for an employment agreement she executed with SRYl) to operate HFC.

Stock issued to RNAT

Richard N. Abrams Trust ("RNAT") was issued 3,000,000 shares for its sale to SRYP of Herrera Financial Company's name, customer's list, trade secrets, sales literature, procedures, website, goodwill and a $400,000 line of credit. (If we fix a price for all these at say $1m, then the shares are worth $33.33)


Our Board of Directors has authorized a "Friends Reward Program" ("FRP") for only its clients.  It is similar in concept to your credit card reward programs or the airline rewards program.  FRP will award you points for the business done with Herrera monthly.  You receive 1 point for every dollar of business.  Therefore, if you do $10,000. of funeral insurance assignments with us during the month, you would receive 10,000 points.  For every 5,000 points you accumulate during the year, you may request 1 share of SRYP.PK stock (again similar to the credit card where you accumulate 25,000 points you can get a free round trip ticket from the airline or something else they offer).  The stock will be issued upon your request but because the FRP program is a private program and limited to only our clients and Surety Capital is not required to file reports with the Securities and Exchange Commission your stock must be held as a long term investment. This requirement will be printed on the stock certificates you receive.  The only difference with FRP and the credit card reward programs is you don't have to buy anything or spend any money to participate - - you only have to do your funeral insurance assignments with us at our competitive rate. 

This looks like the credit cards or other CASH BACK offers when you do shopping. normally they offer 10% cash back, so if you offer same 10% cash back here in our case, 5000 points means, $5000 spent and 10% is $500. so 1 share per 5000 points means where do you price SRYP shares? even 10% of it (ie 1% of the money spent/cash back) is equal to $50 which is our share price!!!!!!!!!!!!

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#342   SRYP: 1 - 1,500,000 R/S; shareholders with less Renee 07/22/16 04:01:45 PM
#341   3RD QUARTER EARNINGS Moneylender2 10/30/14 03:23:24 PM
#340   I got out too. I can't see how bargainhunter65 03/06/14 08:58:40 PM
#339   Well done and thanks ChitownMike 03/05/14 08:59:29 PM
#338   paid 0028 - more than a triple - rosesarefree 03/05/14 08:56:06 PM
#337   Bummer. Hope you sold green at least ChitownMike 03/05/14 07:51:11 PM
#336   I sold my 30K at a penny today. rosesarefree 03/05/14 07:47:01 PM
#335   Yup. That's huge ChitownMike 03/05/14 04:29:41 PM
#334   interesting news: forwardsplit its stock 100for1 amadeus 03/05/14 04:22:20 PM
#333   I think this business is done. Hitting new bargainhunter65 02/07/14 08:01:39 PM
#332   We are at .005 bargainhunter65 01/22/14 10:24:01 PM
#331   Wow, a whole $2.00 in volume. I'm still bargainhunter65 12/03/13 09:47:15 PM
#330   I think we just saw it today. A bargainhunter65 11/20/13 09:55:56 PM
#329   SRYP is looking great at this level kranthikumar 11/20/13 09:58:51 AM
#328   Have you ever seen the power of a DDHOUND 11/20/13 09:45:18 AM
#327   For the life of me, I can not bargainhunter65 11/19/13 10:45:43 PM
#326   News is out. bargainhunter65 11/19/13 10:14:13 PM
#325   Wow, six month with no updates. this company bargainhunter65 11/14/13 10:37:15 PM
#324   Q2 should be out soon. It seems that bargainhunter65 09/21/13 08:47:43 PM
#323   Hmmm....16,320,973 shares outstanding..... fourseasons 09/20/13 08:28:43 PM
#322   New quarterly update should be out soon? bargainhunter65 09/03/13 08:35:22 PM
#321   News Is finally out!!! bargainhunter65 05/09/13 09:44:48 PM
#320   this must be wallstreets best kept secret. A bargainhunter65 05/07/13 10:14:47 PM
#319   We are in business and profitable. We Moneylender2 03/20/13 10:22:33 AM
#318   WOW, a whole 100 shares traded today. Does bargainhunter65 03/15/13 08:44:38 PM
#317   Todays drop in price validates the need for bargainhunter65 12/27/12 05:04:37 PM
#316   Then you should get a copy of the Moneylender2 12/27/12 04:19:02 PM
#315   As a non-shareholder and potential investor; this does bargainhunter65 12/24/12 02:03:46 PM
#314   PLUS IT COST ALMOST $5,000. PER YEAR TO Moneylender2 11/12/12 10:30:42 AM
#312   Well the stop sign is back at OTC bargainhunter65 10/02/12 11:31:59 PM
#311   yes it very rarely gets attention. PENNYBUSTER 02/08/12 12:32:25 PM
#310   Profitable annual report posted. Looks like this otcbargains 02/08/12 12:29:49 PM
#309   solid news here, PENNYBUSTER 07/27/11 12:17:50 PM
#308   news !! Surety Capital Corp. Announces 2011 Second jebbatch 07/27/11 09:27:27 AM
#307   going by their actions since takeover of this DHANA 06/08/11 02:55:33 PM
#306   Not much volume. bargainhunter4 06/07/11 11:08:42 PM
#305   SRYP didn't PR'd the last two and important DHANA 06/02/11 10:03:33 AM
#304   the most important thing here is that SRYP DHANA 06/01/11 09:47:35 PM
#303   eliminating people owning 1 to 500 shares, 500 DHANA 06/01/11 09:24:02 PM
#302   The only thing that is a bit concerning bargainhunter4 06/01/11 09:17:48 PM
#301   'CPM', did you see today's filing by SRYP? DHANA 06/01/11 04:29:06 PM
#300   Share Structure DHANA 06/01/11 11:13:12 AM
#298   Thank you DHANA, bargainhunter4 05/25/11 09:56:18 PM
#297   see below my mail to the company and DHANA 05/24/11 08:38:40 PM
#296   Do you know if they are planning to bargainhunter4 05/24/11 08:33:52 PM
#295   may be the company is valuating the shares DHANA 05/24/11 08:26:06 AM
#294   I am wanting to understand this proposal. bargainhunter4 05/23/11 10:26:22 PM
#293   today i mailed to and got a DHANA 05/19/11 07:42:57 PM