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Alias Born 03/23/2011

Wednesday, June 13, 2012 9:21:50 PM

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Post# of 2444
SGGH - Signature Group Holdings - $0.35

The story

Company was known as Fremont General Corp until June of 2006. On June 18, 2008, the company filed a petition under Chapter XI of the Federal Bankruptcy Code in the U.S. Bankruptcy Court for the Central District of California, Santa Ana Division, according to the company profile at Otcmarkets.com. The company emerged from bankruptcy in 2010.

The current leadership blames James McIntyre, the former Chairman and CEO of Fremont, for the ills of the company today. A recent letter to shareholders details a battle between the current leadership and McIntyre, who has taken steps to have himself reelected by shareholders. The letter is highly detailed, and discusses the McIntyre "legacy" at some length. Current management asserts that the company is currently well positioned for a turnaround. The Company joined the OTC on April 2, 2012, according to a press release on PRNewswire. It currently resides on the OTCQX tier.

The charts





Related stuff

http://stockcharts.com/freecharts/gallery.html?sggh

http://www.otcmarkets.com/stock/SGGH/quote

http://www.signaturegroupholdings.com/



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