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Yanik

03/29/12 11:28 AM

#368512 RE: radiumsoup #368507

your calculations are off. we have 75million in cash and a 125million dollar credit line. thus we have in essence 200million in available funds. so we are trading under book value just based on cash on hand.
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michael laurino

03/29/12 11:33 AM

#368518 RE: radiumsoup #368507

Thanks for the prompt summary.....should we not forget the profits(uncome)from the reinsurance business,even though it's a "runoff"and we are not(currently)issuing any more policies???
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warcton

03/29/12 11:48 AM

#368524 RE: radiumsoup #368507

"NOLs aren't worth a dime as it sits today"


That is incorrect.