Zeff Capital website "ABOUT" states, "Zeff Capital, LP, founded in 2009, is a highly selective Value Investment Fund focused on the least efficient sectors of the market. The Fund seeks long term investments in deeply undervalued securities with great long term potential."
In the case of TSRI, they have been in business for 40+ years and have barely shown a profit and never paid a dividend until 2017. Yet on May 25, 2017, the Company declared a "special cash dividend" of $1.00 per common share which totaled $1,962,062. The Company has no current plans to implement a quarterly dividend program or pay any other special cash dividend.
In 2018, two of the original founders, unhappy with TSRI policy, made a private deal with Daniel Zeff, and two other companies, such that these intruders now own 42% of the company. The several lawsuits have been combined for discovery and a Judge is expected to rule in OCT 2019.
MKRS has been functioning similar to TRSI.
While Meany and Malone are happy and complacent, and the others seem to be for the moment, these MKRS common shares are yielding no return.
Daniel Zeff conducts business for shareholders. Holding Long
