Life Partners Holdings, Inc. – $LPHI – Confident Investor Rating: Poor

Company name Life Partners Holdings, Inc.
Stock ticker LPHI
Live stock price [stckqut]LPHI[/stckqut]
Confident Investor Rating Poor

The following company description is from Google Finance:

Life Partners Holdings, Inc. (Life Partners) is a specialty financial services company and the parent company of Life Partners, Inc. (LPI). LPI is engaged in the secondary market for life insurance known as life settlements. LPI facilitates the sale of life settlements between sellers and purchasers, but does not take possession or control of the policies. The purchasers acquire the life insurance policies at a discount to their face value for investment purposes. The Company’s operating revenues are derived from fees for facilitating life settlement transactions. Life settlement transactions involve the sale of an existing life insurance policy to another party. By selling the policy, the policyholder receives an immediate cash payment. The purchaser takes an ownership interest in the policy at a discount to its face value and receives the death benefit under the policy when the insured dies.
Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in this stock. It is not possible to confidently invest in a company that is not currently profitable. I am removing this company from my Watch List.

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