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Abacus Life Inc V.ABL


Primary Symbol: ABL Alternate Symbol(s):  ABLLL

Abacus Life, Inc. is a vertically integrated alternative asset manager and market maker, specializing in longevity and actuarial technology. The Company’s Portfolio Servicing segment provides policy services to customers on a contract basis. Its Active Management segment buys, sells and trades policies and maintains policies until receipt of death benefits. Its Originations segment originates life insurance policy settlements between investors or buyers, and the sellers, who is often the original policy owner. The policies are purchased from owners or other providers through advisors, brokers or directly through the owner. It originates policies through three primary origination channels (Agents/Financial Advisors, Direct-to-Consumers, Life Settlement Brokers) and Third-Party Intermediaries, screens them for eligibility by verifying that the policy is in force, obtaining consents and disclosures, and submitting cases for life expectancy estimates.


NDAQ:ABL - Post by User

Comment by JenkinsLaneon Nov 20, 2010 4:25pm
327 Views
Post# 17734865

RE: Bob Chapman is a Fraudster

RE: Bob Chapman is a FraudsterAll true.

Bob doesn't recommend junior miners unless he's paid to - period. Although his subscribers are scammed, the main scam is the private placement financings - that's what the companies are really paying Bob for. Bob's pumping to his subscriber base causes the stock to rise and generates buying and selling activity in the stock, as would be the case with a normal stock. This new interest in the stock helps facilitate the private placement financings. Then the company has $1million+ in the Treasury and can make some noises about geologists out in the field doing some sampling. Meanwhile, the directors are taking $100k to $200k in salary payments each year. That's the real prize.

In many ways, some juniors on the TSXV are no different to organised crime carried out by the likes of the mafia.

As for david77, you're either a paid pumper, an insider associated with these companies or Bob himself. Either way, you're scum. It's good to see you're getting angry though because posts such as mine and gotsilver puts doubt in the minds of people who's money you want to take and that makes you really angry - good.

As for the merits of this POS (piece of sh*t) for the newbies amongst you, you have much better odds putting all the money you were going to put into this on the spin of a roulette wheel. There are at least a couple of newsletter writers out there who do recommend good companies (although financial markets are becoming increasingly dangerous as every year passes). If you don't know that you shouldn't touch stocks like this one with a 10 foot pole then you're in the wrong business.
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