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Trisura Group Ltd V.TSU


Primary Symbol: T.TSU Alternate Symbol(s):  TRRSF

Trisura Group Ltd. is a specialty insurance provider. The Company is engaged in operating in surety, risk solutions, corporate insurance, and fronting business lines of the market. It has investments in subsidiaries through which it conducts insurance and reinsurance operations. Those operations are primarily in Canada (Trisura Canada) and the United States (Trisura US). Its segments include the operations of Trisura Canada, comprising surety business underwritten in both Canada and the United States, and risk solutions, fronting and corporate insurance products primarily underwritten in Canada and Trisura US, which provides specialty fronting insurance solutions underwritten in the United States. The main products offered by its surety business line are contract surety bonds, commercial surety bonds, developer surety bonds, and new home warranty insurance. Its contract surety bonds, such as performance and labor and material payment bonds, are primarily for the construction industry.


TSX:TSU - Post by User

Post by jsetton May 09, 2011 4:20pm
497 Views
Post# 18550509

With 460 million outanding shares

With 460 million outanding shares the Company had a working capital deficit of approximately CDN$10million. The Company's existing cash resources are less than $300,000and thus will deplete in less than 30 days without additional cash beingraised either through asset sales, warrant exercise or asset sales. Anumber of activities are underway to secure the necessary cash in atimely manner and these are listed below.

Wow you guys have balls of steal or super steal to play this roll back wonder.

How is anyone going to make money from this thing.

Good luck to you all.

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