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lifegear

11/04/08 9:12 PM

#4110 RE: norkel #4109

.50 is highly possible here too imho..maybe higher =)
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lifegear

11/04/08 9:14 PM

#4111 RE: norkel #4109

Re: TWKGQ and STBP --common denominators

1. both are involved with insurance

2. both have NOLs

3. both have non-bankrupt subsidiaries

4. both have bankruptcy protection

5. almost similar o/s (2m difference)

6. STBP from .0001 to .51, now consolidating (multi dollar potential imho)

7. TWKGQ from .0001 to .06 so far (multi dollar potential imho)

8. STBP is still waiting for a $1.5B infusion in exchange for preferred shares to effect a merger

9. TWKGQ already has some economic interest in a $1.5B insurance company Canopius http://www.canopius.com


10. both have been dormant for several years til isolated news came out
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lifegear

11/04/08 9:50 PM

#4112 RE: norkel #4109

based on the filings and news, TWKGQ has more leftover assets and non-bankrupt subsidiaries than STBP imho

furthermore, Trenwick has zero debt while STBP has $80M in interest payable