Sundance Strategies, Inc. Reports Earnings Results for the Third Quarter Ended December 31, 2020
February 16, 2021 at 11:48 am
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Sundance Strategies, Inc. announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced operating loss was USD 277,298 compared to USD 282,363 a year ago. Net loss was USD 479,560 compared to USD 331,907 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago. For the nine months, operating loss was USD 637,557 compared to USD 894,196 a year ago. Net loss was USD 1.063 million compared to USD 1.106 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.03 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. 
