wade: UVIH looks great, but as you indicate, taxes are looming, and PE's in the sector are very low, and this remains a relatively unknown OTCBB stock. But if things work out it could be an AMEX stock trading at $3+ a year from now.
But be careful about projecting out recent growth going forward. The insurance industry is highly regulated and the State of Florida may put limits on how much risk they can assume. The reinsurance issue is big variable too. They'd quickly go bankrupt in a bad hurricane year if they don't substantially increase their reinsurance limits of liability in proportion to the new business they're taking on. Their reinsurer was clobbered this year with huge losses.
Also, I recall seeing just $450k less claims thus far for Q4 than Q3. Are you seeing other figures ?
The good news is that Q4 revenues should increase further even without new policies, given new policies taken on in Q3 were earned pro-rata from their start dates. But there are far too many variables for me to speculate about what they might earn in future quarters, though it certainly looks like Q4 and Q1 '06 should easily exceed the $0.08 earned in Q3, when excluding the effects of taxes and 10M warrants that may go soon be 'in the money'.
I'll definitely be accumulating more shares of UVIH on any weakness.