SKRRF $8B in Assets, marketcap $6M at .09--all of the insiders' stock options are exerciseable at 4.76 and higher
and majority owner Cerberus/MassMutual valued this at $4 per share with their $600M investment in preferred stock
like everyone else, Cerberus/MassMutual would like to get their money back and then some imho which is why they've been trying to turn this around since early 2008
"the Board instructed management to prepare an assessment of the various strategic alternatives that might be available to the Company TO MAXIMIZE SHAREHOLDER VALUE." Scottish Re Announces New Strategic Focus Company Release - 02/22/2008 http://www.snl.com/irweblinkx/file.aspx?IID=4021224&FID=5650643