Member Info for Jarv55

@Jarvy55 give me a dm please

Elucid are you on twitter?

Max good point but anything price sensitive would have to be rnsd.

James make you mind up please is it Samsung, Securis or The Pru?

If that is people from the placing selling they can't have many left.

Still got a seller here need them to get cleared.

Alpha were invited https://twitter.com/AIMRANGER1/status/1053214169300918272 that shows just how connected Swick is.

They won't have any choice next week traders are about to be locked out.

Algw chart. Looking for a break out next week https://invst.ly/8x4xc

Inmost Discovery Capital very nice plenty of HNW individuals there. https://www.linkedin.com/in/eliot-kang-12586b63/

Mr. Swick is the founder of Kango Group, located in Newport Beach, California. Kango Group is an established alternative investment management firm that targets opportunities in the longevity asset class on behalf of private equity and hedge fund clients. Prior to founding Kango Group, Mr. Swick served as CEO for Life Distributors of America, LLC (LDA), a life settlement firm specialising in the distribution of longevity risk insurance products to institutional investment portfolios. While at LDA, Mr. Swick was responsible for the closing of over $4 billion in life settlements. Mr. Swick spent the previous eight years working for American International Group ("AIG") as Vice President of Alternative Distribution. Responsibilities included developing and executing marketing strategies for life/annuity products in the alternative distribution channels, which included product distribution through broker-dealers and third-party administrators in both the U.S. and international markets.

Http://www.corporate-ir.net/media_files/nys/aig/releases/101305.pdf

Mr. Swick commented: "I'm very pleased to be joining Alpha at this exciting time in their journey and the relevance of the asset class to modern institutional alternative investors in desperate search of a yield with secured asset backed instrument. The Company has a unique and relevant product offering for institutional and sophisticated investors and is well positioned with its international reach, industry connectivity and existing new business pipeline, which I intend to add to as well as execute on over the coming months."

Can everyone please email the company and ask to get the share holder register updated would like to know what the ff is here

info@algwplc.com

Madchatter good point
This does strike me as the perfect sort of business model for pension funds to invest in, but they wouldn't touch a company this small.
But what if they were to grow into a 50million mc in say 2 years I think that is exactly what could happen.

Diamondhorse lol amazes me how people take any notice of him he is playing head games.

Some good info from Wp on twitter worth a follow https://twitter.com/walty_pic/status/1050142728183525377

At the end of 2016, there was $8.9 trillion of cash value life insurance in force, according to an analysis of 10-Ks filed with the SEC. Also, in 2016, there was $25 billion of life insurance policies sold in the secondary market. A critical benefit of selling your life insurance policy, as opposed to accepting the cash surrender value offered by the life insurance company, is that you could earn much more by selling your life insurance policy in the open market. A U.S. General Accounting Office study conducted in 2014 showed that those who sold their life insurance policies earned up to seven times more than what they were offered by the life insurance companies' cash surrender value. Consider what that means: For every $1,000 offered by your life insurance company by surrendering your policy to them, you could earn up to $7,000 by entering into a life settlement transaction in the open market. Most life insurance policies are eligible to be sold. Even term insurance can be sold, if it is convertible. So, who are the buyers of these life insurance policies and what's in it for them? Goldman Sachs, Berkshire Hathaway and Bank of America are some of the big players in this industry. All of these companies competitively bid on the best life insurance policies. These firms, and many smaller private equity companies, consider a life insurance policy like any other asset.

https://www.top10lifesettlements.com/the-life-settlement-blog/how-do-i-sell-my-life-insurance-policy

One of the acquisition strategies that the Company intends to use is the establishment of SPVs (formed in Ireland unless the clients require otherwise) to acquire SLS Assets which will be funded by bonds. The Company will provide specialist advisory services to the SPV’s and the corporate finance adviser engaged for the purpose of the bond issue and acquisition. The Company will then provide on-going advisory services to these SPVs. The Company will not subscribe for shares in the SPVs, nor subscribe for the bonds. The Company will not issue bonds, it will only advise clients, who will then issue the bonds. The Company will advise only in relation to SLS Assets originated in the United States where the Senior Life Settlement market is highly regulated and the SEC has recognised the SLS Asset class as a security. The Company will only advise Institutions and it will not advise any retail clients.

Generally retail investors will not be involved in the Company’s business. As an asset class, the appeal of SLS Assets has grown with the increase in the number of policies being sold on the secondary market. Investors consider the SLS Asset class as being stable and producing good yields. This has been driven by an increase in post-retirement life expectancies particularly as the “baby boomer” generation reaches retirement. The sale of SLS Assets by the original Insured provides an immediate cash benefit and means no further monthly premiums are payable by the original Insured. As more of that generation retires the Company expects the number of available Policies in the secondary market to increase, which should increase the number of potential advisory opportunities.

The Company’s fee model will be structured on a client-by-client basis dependent on the relevant services provided. Asset sourcing and acquisition will be ch arged on a fixed percentage or minimum amount of the acquisition costs of any portfolio. Where a client requires servicing, valuation, modelling, project management, etc services, fees will either be charged on a fixed percentage of the aggregate value of the assets or on a fixed costs basis. In some circumstances the Company will negotiate a bonus structure.