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Re: walzy post# 68

Friday, 01/14/2011 12:23:16 PM

Friday, January 14, 2011 12:23:16 PM

Post# of 118
Did you see this link I posted at TWK board?

http://www.trenwick.com/NoteholderInformation.htm

I sure would like to see what those financials look like. If they are making any money, this stock should have value. About $1.66 ($5 millon/3 mill sh)at redemption of the notes. The notes also should have a nice interest rate.

OTOH, 5 million might not be enough to pay the liquidators for sitting on their ass for the last 3 year as Canopius raped the reserve.....
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