Many investors have discovered that they own non-priced or illiquid securities, listed as NP on their monthly investment statements. These same investors have also discovered that they could not get a proper value for these illiquid investments, or they could not find a real buyer to sell these positions. UNTIL NOW. The “SMK Solution” could provide investors of illiquid/non-priced securities bona fide offers to create liquidity where no liquidity existed before. Examples of these types of investments could include:
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Limited Partnerships |
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Restricted Public Stock |
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Church Bonds |
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Defaulted Bonds (Corp or Muni) |
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Debt Securities of Bankrupt Companies |
If you have frustrated clients who are seeking liquidity for these type of investments, please fax (305) 937-1445 the details of the position(s), including name of security, # owned, cusip #. We will respond promptly to each request. Don’t let non-priced securities stand between you & your clients.
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How THE SMK SOLUTION makes a difference |
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Competing Tender |
SMK Solution |
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Name of Security |
Avaya Inc. |
Avaya Inc. |
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Number of Shares |
8 |
8 |
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Date Investor Action |
June 14, 2001 |
June 14, 2001 |
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Date of Settlement |
July 26, 2001 |
June 15, 2001 |
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Gross Proceeds |
$ 108.38 |
$ 100.40 |
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Transaction Costs |
$ 33.00 |
$ 12.00 |
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Net Proceeds |
$ 75.39 |
$ 88.40 |
Client realizes 17% more with the SMK Solution and receives money 36 days sooner,
More Money, Less Market Risk