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Federated National Holding Company Message Board

analyst112 1 post  |  Last Activity: Jul 31, 2016 2:37 PM Member since: Mar 30, 2000
  • analyst112 by analyst112 Jul 31, 2016 2:37 PM Flag

    They need to triple sales just to break even. Now losing $2.40/ year. If they get low on money the lender can call for default and take the company. They are burning $70 million/year. Therefore they have 12 months to triple sales or goodby. Of course they can issue stick it $2-3/shr.

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