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Excerpt from the U.S. Growth Fund Corporation Shareholder

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Enterprising Investor Member Level  Saturday, 12/28/19 11:11:14 AM
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Excerpt from the U.S. Growth Fund Corporation Shareholder Letter (8/30/19)
Quote:
Although there can be no assurance the Company will be in a position to resume payments of the Trust Preferred dividends at the end of the current forbearance period ending March 31, 2020, and it is possible we may seek additional deferrals in the future, we have made positive tangible steps in the Company's return to health. We are optimistic about MCC's ability to identify additional investment opportunities in businesses that meet the target criteria; and that the returns earned on those investments will ultimately provide sufficient liquidity to discharge the Company's liabilities, including those associated with the Trust Preferred Securities.


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