well, hope your right. But, lets discuss a few things. Technology- according to their advertising its a system thats called bankers express. At least thats what the corporate profile says, however there is no system being used. Why no financials on NICA, consolidated statements are supposed to be out, can't find them.
One of the subsidiaries shown on the audit is a division with 2.5million of debt. Is it retired,division closed like the others?
What is the volume of the mortgage company. Compare the mortgage company with someone like Westmark Mortgage in FLA.,last year MBHC only made $100,000 in fees. You can be licensed anywhere but are they producing anything.
Heard about another lawsuit for $300,000, checking it out, will let you know. No I'm not short, just tired of being lied to and ripped of by these evangelists. When I find something amiss do you want me to let you know? If not, fine. My biggest concern is that these new so-called Lions will run up the price, eliminate their positions and Bankrupt the company leaving us to hold the bag.
Have a good one |
