Triad Guaranty Inc (TGIC)

[dharmamatt]

Hard to say of course

You note to start a new business, but perhaps they have one in mind they want to acquire. To use those NOLs they would have to acquire something substantial, wouldn't they?

Key considerations:
- how much do they own and therefore how much dilution at this price would they accept?
- business plan: target an existing company or start a new one, as you suggest
- the above would affect the debt they can raise, which I'm sure is their preference

So, not too helpful, but wonder if I am missing anything, as this is not my area of expertise. As a long, what worries me some is that sometimes these shell companies take a long time to get off the ground (I'm thinking WMIH, SYCRF, and a few others I have observed).

It does look promising, I hope in the next week or two we get a clear communication as to the business plan and capitalization parameters

Thanks for your posts