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Symbility Solutions, Inc. ATBEF

"Symbility Solutions Inc develops and markets Software-as-a-Service technology designed to improve effectiveness and reduce costs of administration of claims in both the employee benefits and property and casualty insurance markets."


OTCPK:ATBEF - Post by User

Bullboard Posts
Comment by strelioffon Jul 02, 2013 10:21pm
131 Views
Post# 21585680

It is good but poorly written and 400% growth over 5 years well hidden on call

It is good but poorly written and 400% growth over 5 years well hidden on callOf course I think it is an amazing future platform but that is only a 2016 dream.
Nothing will be done until they are cleared under Section 7 of the Clayton Act.
so here is the houseside interest
https://seekingalpha.com/article/1529612-corelogic-s-ceo-hosts-acquisition-of-marshall-swift-boeckh-and-dataquick-information-systems-conference-transcript

This is not a takeover this is a stuck with us because they want the technology which is a rather complicated structure.

Based on who sold ....they appear to have a ceo in healthcare which is probably a better growth area (based on single digit growth of the businesses they sold-valuation only the doj will love).

Expect the DOJ will have them spin out on asset or 2 before the are allowed to do the deal ....which could be a real spinout of this.

In the meantime unclear why the healthside is not ramping up for the new insurance mandate in the US.  which goes live in less than 100 days.

In the meantime respect the transcript I provided is a better underestanding.




Bullboard Posts