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Life Partners Holdings, Inc. Message Board

  • johnfox188 johnfox188 Feb 13, 2013 8:03 PM Flag

    recent volume indicates that LPHI is under accumulation

    maybe some big guys that want to take it private but the volume tells the story..we will see.

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    • "Big guys" have more in petty cash than this company has in market cap. If the big guys want to have a business model like this, they can do it out of the mail room starting with less than $100,000 or whatever it costs to find someone with zero actuarial experience to chop a Fasano LE in half. Remember, this company has multiple law suits for fraud, stock fraud, RICO, breach of fiduciary duty, etc. The company by it's own admission won't have decent sales ever again unless the SEC suit is settled. The company could be forced into Chapter 11 if the other plaintiffs are successful, even if the SEC is not. Mather SEC is unlikely to lose this one. Trust me, "big guys" want nothing to do with LPHI, because of the above and the fact that their own state wants them out of business.

0.220.00(0.00%)Mar 13 4:00 PMEDT