InvestorsHub Logo

IanWhitfield

10/30/20 3:06 PM

#29 RE: wdk1227 #28

Yes, wdk.

I think it is worth the risk. You may want to wait til the middle of November for the next quarterly report. The last report was released on Aug. 7th so it may be in the next two weeks or less.

On August 10th they published an investor presentation that I found interesting on two counts. See pages 6,7,8, and 9 for the section on their acquisition of Prestige Capital Finance, LLC. Also, see page 23 for the section on maintaining the monthly dividend at $.083 for the 4th quarter.

I think the pandemic generally, and the Rights Offering at the end of August, more specifically, has some investors concerned about the future but I believe that this is a good long term investment.

Disclosure: I recently added to my position and intend on buying more after I see the November 10-Q for more info regarding what to expect in the next quarter and beyond.