For those that like $$$ like I do. I have kept this one silent because our brokerages have been slow in recognizing the new ticker. But we have taken some positions where we can and waiting for a grand slam buy once brokers resolve ticker issues ( see it as foreign).
But this is from Scott, for those that like cash not for gambling IDIOTS:
"We are very pleased to have concluded this transaction in light of the challenging environment related to COVID-19 and to be working with dedicated partners, which now includes Buckle. We expect that this transaction will provide positive benefits to both companies, our employees, customers, investors, and other stakeholders. At a time when many companies are focused on survival, it is important to also be working towards a successful future. Our team is working proactively on several of our main initiatives, predominantly further pursuing our specialty MGA strategy. Our emphasis is being placed on generating EBITDA at the MGA level while endeavoring to reduce risk and capital requirements related to traditional primary insurance company operations. At this time it is very difficult to forecast expected business volumes, revenue and other key metrics due to the economic uncertainty.”
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