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Post# of 729609
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UncleBo

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UncleBo

Re: nranger post# 417828

Monday, 03/23/2015 10:14:13 AM

Monday, March 23, 2015 10:14:13 AM

Post# of 729609
Nranger,

I share your frustration and my cutover date was 3/20/2015. However, however...!!! The capitalization is the key to understand that the plan is in motion already. The 600MM we raised is not through bonds, this is equity given the mandatory conversion.

My advice for you to not get hung up too much on the re-insurance business. It is most likely going to be some sort of debt management business - mortgages, corporates etc. (IMVHO)

Stay put, we are almost there.

Uncle Bo
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