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Life Partners Holdings, Inc. Message Board

  • lonesometrain lonesometrain Feb 11, 2013 2:34 PM Flag

    Now a $6 million company

    If you annualize LPHI's net revenues for the past 9 months, you will find it is now a company with only a $6 million top line.

    To put that in perspective, this is about what 2 McDonald's restaurants will generate in annual sales.

    There are two major differences: the McDonalds units are profitable and their employees get free food.

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    • From the looks of the gals at the Waco offices, they probably spend a disproportionate amount of their income at McDonald's and lottery tickets. They too are probably getting premium calls on the fractionals they got sucked in on.
      Wow..$6million....a far cry from the years of yore and rampant deceptive trade practices....which still seem to be in play.
      Given the new 21st LE extensions, which are pretty massive, I guarantee that LPHI wont be telling the investors under contract (if there are any) that the premium reserves are insufficient at signing.

      Anyone remember the Magna Fund?

      • 3 Replies to suva.crew
      • What happened to that fund?

      • Was the Magna Fund one of those Vancouver things? I think I remember it. That thing promised 10% returns using Life Partners sourcing the policies, but cannot remember if it went bust or never raised any money.

        In terms of the recent stock price...let it run. It might double or triple from here since I'll bet most of the stock is now in "friendly" hands. Then again, it could go bust where it likely belongs. You know this is manipulated because there is zero good news and little hope for the future. Even h_grant_h mentioned something that smacks of material non-public information regarding LPI losing any opportunities. This is now a trade. The long term direction is still close to $0.00, unless the trust starts to pay off huge (Is it now oo late for that?). I'll bet the SEC has the stock movemet on its radar screens, so don't expect it to jump up much more than it did today on a daily basis.

      • Would you like your premium calls to be super sized?

 
LPHI
1.87+0.02(+1.08%)Aug 28 4:00 PMEDT

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