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WestMountain Distressed Debt Inc. (fka WMDS) RSS Feed

Followers
5
Posters
10
Posts (Today)
0
Posts (Total)
88
Created
08/06/15
Type
Free
Moderators
Business Description
Share Structure
Market Value1 $1,289,048 a/o Aug 05, 2015
Authorized Shares Unlimited a/o Feb 11, 2015
Outstanding Shares 1,983,150 a/o Jul 10, 2015 <<<<<<<<<<<--------------------------------------------
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 143,150 a/o Jul 10, 2015 <<<<<<<<<<<<<<<<<----------------------------------------<<<<<<<<<<<<<<<<<---------------------------------------


Our plan is to earn income by holding all forms of distressed debt, including real estate mortgages, securities such as promissory notes, and assets acquired through bankruptcy. We will screen investments with emphasis towards finding opportunities with long term potential.

We also continue to develop a proprietary investment screening process to make our investments. This screening process will be refined as a result of the expanded nature of our business plan. This process will be based upon the experience of our management team and outside consultants. This process has not been fully developed at this time.

We plan to act as a holder of all forms of distressed debt by raising, investing and managing private equity and direct investment funds for third parties including high net worth individuals and institutions. As is the industry practice, we plan to earn management fees based on the size of the funds that we manage and incentive income based on the performance of these funds. We do not plan to focus on any particular industry but will look at any and all opportunities.
Board Info
Posts Today
0
Posts (Total)
88
Posters
10
Moderators
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