Straight forward insurance tech growth story which
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Posted On: 01/21/2025 10:34:05 AM
Straight forward insurance tech growth story which should achieve profitability in 2025. This estimate is based on their five year sales performance chart. Established in Utah, the company sells vacation rental insurance to Hotels, Airbnb, VRBO, as well as sports and recreational insurance.
The current float consists of the following:
170 million common shares. A majority of these shares are held by directors and officers of the company.
28.4 million warrants. Almost all of these warrants are not exercisable until $0.20. A hefty portion of them will be expiring at the end of February of this year.
2.85 million options. These are exercisable at $0.02. However, there is a disclaimer written in the 2024 audited financial results which states: "The options become exercisable when the Company’s vacation rental subscription program reaches 1,200 properties and will remain exercisable for 2 years after reaching that milestone."
The current float consists of the following:
170 million common shares. A majority of these shares are held by directors and officers of the company.
28.4 million warrants. Almost all of these warrants are not exercisable until $0.20. A hefty portion of them will be expiring at the end of February of this year.
2.85 million options. These are exercisable at $0.02. However, there is a disclaimer written in the 2024 audited financial results which states: "The options become exercisable when the Company’s vacation rental subscription program reaches 1,200 properties and will remain exercisable for 2 years after reaching that milestone."
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