Sundance Strategies, Inc. Reports Earnings Results for the Full Year Ended March 31, 2020
August 11, 2020 at 06:08 am
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Sundance Strategies, Inc. announced earnings results for the full year ended March 31, 2020. For the full year, the company announced operating loss was USD 828,446 compared to USD 1.094 million a year ago. Net loss was USD 1.112 million compared to USD 2.056 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.05 a year ago.
Sundance Strategies, Inc. is a professional services provider engaged in acquiring life settlements. The Company provides professional services to specialty structured finance groups, bond issuers and life settlement aggregators. As a professional services provider, the Company applies various practices to advise on the selection of specific portfolios of life insurance policies to meet the needs of its clients. Its clients include bond issuers, bond investors, or other structured finance product issuers. It develops strategies and methodologies, which include the acquisition of life insurance portfolios, then use common structured finance techniques and analytics to structure bonds for issuances, including principal protected bonds. The Company provide current and ongoing resources for all analytics, as well as advisement support for the investment and non-investment grade ratings for the managed asset pool and the managed cash accounts.
SUNDANCE STRATEGIES, INC. 
