Interest income up 19% Y/Y. They have $240MM of loans but just raised $35MM of new equity and they have $170MM of unused borrowing capacity so they could almost double the loan portfolio. Earnings would go up about 50% after interest charges. Dividends would go up 50% as they pay out all earnings. Stock will trade up to $26 for an 8% yield and sell at a premium to book value. Mgt thinks stock is far too cheap-read release.