Replies to post #13 on Great Elm Capital Corp (GECC)

[IanWhitfield]

Yes. In the August 10th 8-K and presentation they announced that the "Board set monthly distributions of $0.083 per share for the fourth quarter of 2020, through the month ending December 31, 2020."

http://www.investor.greatelmcc.com/node/8671/html#gecc-ex991_6.htm

Scroll down to page 23 of the Presentation under Capital Activity: Declared Distributions.

So why wouldn't an income investor like me be loading up at these prices with the current dividend being paid at least until December?

And why wouldn't current holders of record that have been offered the shares at a discount be exercising their rights under the offering. Maybe they are. I'm 99% sure I am.

If you still are not sure, read pages 6,7,8 and 9 under the Specialty Finance Investments section. Prestige Finance Capital, LLC sounds like a great find going back to February of 2019.

Please let me know if there is a reason not to subscribe to the offering if you can find one.