For all you ARR history buffs, ORC just did a IPO as a mREIT - priced at book value of $15 a share and then a sell off in the first day of trade to 14.80. The company is an agency MBS investor managed by Bimini (BMNK.PK) - a formerly-listed, now OTC-traded mREIT.
Mr. Marc H. Bell serves as Director of ARMOUR Residential REIT, Inc. He was the Chairman of the Board of Directors and Treasurer of Enterprise from its inception until its merger with ARMOUR. Since 2003 has served as the Chief Executive Officer of FriendFinder Networks Inc. (NASDAQ: FFN), a internet-based social networking and multimedia entertainment company, since 2004. Mr. Bell also served as the President of FriendFinder Networks Inc. until March 29, 2012. reut dot rs/YwOMyZ