Post by
NaturalNine on May 07, 2015 10:50am
Michael Dalsin on Inspira: symbol and June date
Michael Dalsin: Yeah. And I’m pretty involved in that, I probably spend half my time on that. And then I have another company that’s coming up that I’m super excited about, which is called Inspira Financial, which is basically a factorer for doctors in the United States. I think the out of pocket health care costs of an insurance bill from the United States is skyrocketing as the aging population comes to consume health care, and that’s putting a lot of pressure on the working capital of doctors, and so they are floating loans for patients. The patient doesn’t pay them for 90, 120 days, and they still have payroll and rent, and small little doctors’ offices have trouble getting working capital loans. You know, $1 million, $2 million working capital loans.
So we put together a nice deal, we raised about $25 million for it, it should go public in June under the ticker LND, like lend.
Comment by
BaystreetBrian on May 07, 2015 11:40am
Great find Natural!!! Was that from this morning's Midas letter on PHM?
Comment by
NaturalNine on May 07, 2015 12:46pm
Yes, Midas. I should have cited the source. Interesting to see Dalsin's optimism and him throwing out a timeline and ticker.
Comment by
BaystreetBrian on May 07, 2015 7:42pm
Agreed, I've heard him say he's more excited about Inspira, then both PHM and CXV!
Comment by
NaturalNine on May 07, 2015 8:14pm
The CXV interview on Midas should be out soon too. Wonder if he will reference Inspira again. He brought up Inspira on his own on the PHM interview. See if he takes the opportunity to discuss Inspira again.