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Re: DENN post# 340

Thursday, 02/21/2013 4:33:47 PM

Thursday, February 21, 2013 4:33:47 PM

Post# of 535
from todays filing [[[[Upon completion of the Offering, Orchid entered into a Management Agreement (the “Management Agreement”) with Bimini Advisors, LLC (the “Manager”). The Manager is a wholly-owned subsidiary of the Company, and it is registered as an investment advisor with the Securities and Exchange Commission. Pursuant to the Management Agreement, the Manager will receive fees for managing the day-to-day operations of Orchid, including the selection, purchase and sale of assets in Orchid’s investment portfolio.]]]]
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