CRSS - Crossroads Systems: One-Time Windfall Could Enrich Shareholders Soon
- Capital Plus Financial, LLC is a wholly-owned subsidiary of CRSS, and the #4 lender thus far for the 2021 Paycheck Protection Program.
- CRSS’s market cap on March 31 was approximately $58.5M.
- Because of the number of loans issued by Capital Plus under the 2021 PPP, I believe CRSS is set to retain a minimum $386M cash from the Small Business Administration.
- CRSS is heavily-owned by insiders, and my research indicates their use of this money will be shareholder-friendly, potentially resulting in a special one-time dividend.
- While there are risks that I will discuss in the article, the potential for a 40-67% return in a few weeks makes this an attractive investment for risk-tolerant investors.
For further details see:
Crossroads Systems: One-Time Windfall Could Enrich Shareholders Soon