Kingsway Financial Services Inc KFS

Financial Services Insurance - Property & Casualty

Kingsway Financial Services Inc. is a holding company that owns or controls subsidiaries primarily in the extended warranty and business services industries. Its segments include Extended Warranty and Kingsway Search Xcelerator. It serves the extended warranty industry through its subsidiaries, IWS Acquisition Corporation (IWS), Penn Warranty, Preferred Warranties and Trinity Warranty Solutions. IWS is a licensed motor vehicle service agreement company and is a provider of after-market vehicle protection services distributed by credit unions in approximately 24 states and the District of Columbia to their members, with customers in all 50 states. It serves the business services industry through its subsidiaries, CSuite Financial Partners, LLC (CSuite), Ravix Group, Inc., Secure Nursing Service, SPI Software, Digital Diagnostics, Inc., and Image Solutions LLC. CSuite is a professional services firm that provides experienced chief financial officers and other finance professionals.

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Kingsway Financial Services Inc

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Comment by CanMan17on Jan 31, 2012 12:56am

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Post# 19468377

RE: Kingsway Announces Reverse Stock Split

I'm not so sure about that sober. The only reason the price would drop would be if the actual book value dropped. Consolidating 4 to 1 would put the price at about $2.40 and the book value at about $9-$10. They would also maintain the visibility of the NYSE.

Too many good things would come from this, and personally, I don't think they can do this fast enough.

Regards,

CanMan17

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