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Syncora Holdings Ltd. (SYCRF)

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Last Post: 3/7/2021 1:11:15 AM - Followers: 82 - Board type: Free - Posts Today: 0

Syncora Holdings Ltd

The remaining remaining assets of Syncora Holdings Ltd (In Liquidation) consists of cash and other liquid assets as well as its interest in Swap Financial Group, LLC, its interest in Crown Global Insurance Group, LLC, real property and an option on real property in Detroit, Michigan, and a certificate that can be presented to the City of Detroit for value when purchasing certain city-owned property in Detroit, Michigan (the “Retained Assets”).

Syncora is currently involved in disputes related to certain of these assets, which may not be resolved favorably or at all, and which may have a negative impact on the value of these assets.

The real property option includes certain requirements; including that the real property option be exercised before December 10, 2021 and that construction begin on such property within 15 months of exercising the option (3/10/23). In addition, the real property interest owned by the Company requires that construction begin on such property within 15 months of December 10, 2019, the date when the Company took ownership or 3/10/21. This condition may make this real property option and this real property less marketable and less valuable, and subjects them to the risk of repossession by the City of Detroit. As a result, the Company may not realize fair market value, or any value, on some or any of these Retained Assets, which could result in a limited or no Subsequent Distribution.

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PostSubject
#11491   Wow. RickNagra 03/07/21 01:11:15 AM
#11490   HI WOW, Andecker 03/04/21 09:21:10 AM
#11489   1099 from my broker did not show the oldhamtrader 02/23/21 01:37:58 PM
#11488   How did you reach your conclusion that taxes camofpp 02/23/21 12:07:26 PM
#11487   Mr. Nagra, Andecker 02/18/21 11:55:29 AM
#11486   So glad you asked me. I would RickNagra 02/16/21 09:26:48 PM
#11485   Hello Mr. Nagra, Andecker 02/16/21 08:59:25 PM
#11484   How come you never ask me for my RickNagra 02/16/21 08:58:33 AM
#11483   Hi WOW, Andecker 02/15/21 09:56:23 AM
#11482   My opinion Vcel will be bought out Wow1234 02/13/21 10:49:10 AM
#11481   HI WOW! Andecker 02/12/21 12:11:17 PM
#11480   Upon further review...taxes are due when the stock oldhamtrader 02/06/21 07:31:40 PM
#11479   Have you received your 1099 for 2020? "Looks oldhamtrader 02/06/21 03:22:08 PM
#11478   All is well with all here. RickNagra 01/26/21 11:19:40 PM
#11477   STILL BUYING SHRS OF SYCRF JUST SITTING Wow1234 12/28/20 05:45:45 PM
#11476   Hey WOW, Andecker 12/28/20 03:49:54 PM
#11475   U HAVE NOT BEEN ON MESS BD FOR Wow1234 12/15/20 08:14:01 PM
#11474   What is your opinion on the possible assets Lowhndcpr 12/14/20 09:08:57 PM
#11473   SYCRF IS ABOUT TO MOVE IN NEXT Wow1234 12/14/20 09:10:03 AM
#11472   ALL IS. GREAT NIO MY OPINION WILL BE Wow1234 12/11/20 09:29:35 AM
#11471   HI Wow1234, Andecker 12/08/20 09:57:52 AM
#11470   Action. RickNagra 11/16/20 12:36:15 AM
#11469   ALL IS GOOD NIO NOW OVER $50 Wow1234 11/13/20 04:10:59 AM
#11468   Wow does not know much. Not very RickNagra 11/11/20 12:07:09 AM
#11467   Hello WOW, Andecker 11/09/20 01:19:20 PM
#11466   Wow lights out just like that. Who RickNagra 10/27/20 12:40:06 AM
#11465   Can someone turn out the lights ? RickNagra 10/19/20 11:32:01 PM
#11464   Syncora should merge with Roto Rooter. After RickNagra 10/01/20 06:56:35 PM
#11463   Hello hello over and out copy that 10-4 Smokey. RickNagra 09/15/20 10:57:34 PM
#11462   Hello Board, Andecker 09/11/20 10:29:11 AM
#11461   IT IS VERY COMMON FOR BIO STOCK TO Wow1234 09/07/20 09:10:34 PM
#11460   Sorry Syncora peeps for posting info RE: SRNE Andecker 09/04/20 11:05:07 AM
#11459   Hello Marsh and WOW, Andecker 09/04/20 10:58:44 AM
#11458   EVEN THOUGH NIO CLOSE DOWN TODAY Wow1234 09/02/20 10:03:28 PM
#11457   Thanks WOW. XPEV and LI like NIO Marshster 09/02/20 12:00:42 PM
#11456   [I AM NOT FAMILIAR WITH XPEV BUT NIO Wow1234 09/01/20 10:43:28 PM
#11455   Hi Wow, Any thoughts on XPEV vs NIO? Marshster 08/31/20 12:28:41 PM
#11454   Hi WOW and Marshster, Andecker 08/25/20 01:03:10 PM
#11453   WOW, Any idea why SRNE CFO was fired? Marshster 08/21/20 04:09:38 PM
#11452   STLL HAVE SYCRF I NEVER SRNE AND VCEL Wow1234 08/17/20 11:12:09 PM
#11451   Have you looked at the two stocks WOW Andecker 08/11/20 10:28:22 AM
#11450   Best not to fart around and follow WowMan. RickNagra 08/11/20 07:11:52 AM
#11449   Hey WOW ---! Andecker 08/10/20 02:02:46 PM
#11448   Hi WOW1234, Andecker 08/03/20 11:36:57 AM
#11447   WowMan does not know too much. Very RickNagra 07/26/20 11:30:09 AM
#11446   Do common shareholders have a stake in swap snowball12 06/25/20 04:12:52 PM
#11445   SO Wow1234 06/24/20 11:25:21 PM
#11444   Syncora has always been opaque regarding the company. snowball12 06/24/20 02:56:00 PM
#11443   snow12 why would anyone take your advice Wow1234 06/24/20 08:34:20 AM
#11442   I've left 3 vm for IR without a MB512 06/23/20 09:57:01 AM
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