Company Information

  

Address: 205 HUDSON STREET
7TH FLOOR 
City: NEW YORK 
State: NY 
Zip Code: 10013 
Telephone: 646-712-8300 

Description of Business

Primary SIC Code: 6199
(As filed with the SEC)  

We are a blank check company organized under the laws of the State of Delaware on April 29, 2015. We were formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. On June 28, 2017, we entered into an Investment Agreement (the "Investment Agreement") with JH Capital Group Holdings, LLC ("JH Capital"), Jacobsen Credit Holdings, LLC, NJK Holding LLC, Kravetz Capital Funding LLC to effect a business combination with JH Capital (the "JH Capital Business Combination"), a leading specialty finance company in the debt recovery industry. On the terms and subject to the conditions set forth in the Investment Agreement, at the closing (the "Closing") of the JH Capital Business Combination, we will contribute cash to JH Capital in exchange for newly issued voting Class A Units of JH Capital.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/2018-0.17NAN/E
12/2017-0.19NAN/E
09/2017-0.27NAN/E
06/2017-0.29NAN/E
03/2017-0.29NAN/E
12/2016-0.27NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.03Total Liab/Total Assets0.07
Net Inc/Total Assets0.00Total Liab/Inv Cap0.07
Net Inc/Inv Cap0.00Total Liab/Comm Equity1.23
Pretax Inc/Net SalesNAInterest Coverage RatioNA
Net Inc/Net SalesNACurr Debt/EquityNA
Cash Flow/Net SalesNALTD/Equity0.12
SG&A/NetSalesNATotal Debt/Equity0.12
Asset Utilization   Liquidity  
Net Receivables TurnoverNAQuick Ratio0.01
Inventory TurnoverNACurrent Ratio0.01
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&ENA  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) NA NA NA NA
Cost of Goods Sold 0.34 0.27 0.26 0.30
Selling & Admin Exps 0.07 0.05 0.05 0.05
Operating Income -0.41 -0.31 -0.30 -0.35
Interest Exp NA NA NA NA
Pretax Income 0.06 0.08 0.05 -0.02
Other Income 0.47 0.39 0.36 0.32
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 0.06 0.08 0.05 -0.02

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 0.01 0.01 0.01 0.01
Receivables - Total NA 0.00 0.00 0.00
Inventories - Total NA NA NA NA
Total Current Assets 0.01 0.02 0.02 0.05
Net Property, Plant & Equipment NA NA NA NA
Total Assets 152.91 151.23 157.79 200.49
Liabilities        
Accounts Payable 2.51 2.28 2.12 2.03
Debt in Current Liabilities NA NA 0.50 0.35
Total Current Liabilities 2.51 2.28 2.62 2.38
Long-Term Debt 2.07 0.61 NA NA
Total Liabilities 11.59 9.89 9.62 9.38
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.00 0.00 0.00 0.00
Retained Earnings -2.96 -3.02 -3.10 -3.15
Treasury Stock NA NA NA NA
Total Stockholders' Equity 5.00 5.00 5.00 5.00
Total Liabilities and Stockholders' Equity 16.59 14.89 14.62 14.38

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities -0.30 -0.13 -0.19 -0.11
Net Cash Provided by Investing Activities -1.22 6.95 43.02 0.07
Net Cash Provided by Financing Activities 1.52 -6.81 -42.83 0.02

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20150.00-1.09--
12/20160.00-1.69-0.27
12/20170.00-0.24-0.19
Growth RatesNaN----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/181812,64063.15




Report Date : 7/16/2018

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