Our plan is to earn income by holding all forms of distressed debt, including real estate mortgages, securities such as promissory notes, and assets acquired through bankruptcy. We will screen investments with emphasis towards finding opportunities with long term potential. We also continue to develop a proprietary investment screening process to make our investments. This screening process will be refined as a result of the expanded nature of our business plan. This process will be based upon the experience of our management team and outside consultants. This process has not been fully developed at this time. We plan to act as a holder of all forms of distressed debt by raising, investing and managing private equity and direct investment funds for third parties including high net worth individuals and institutions. As is the industry practice, we plan to earn management fees based on the size of the funds that we manage and incentive income based on the performance of these funds. We do not plan to focus on any particular industry but will look at any and all opportunities.
Quote | WestMountain Distressed Debt Inc. (OTCMKTS:WMDS)
Last: | $ |
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Change Percent: | 0.00% |
Open: | $N/A |
Close: | $0.25 |
High: | $N/A |
Low: | $N/A |
Volume: | 0 |
Last Trade Date Time: | 10/04/2019 04:46:57 pm |
News | WestMountain Distressed Debt Inc. (OTCMKTS:WMDS)
Message Board Posts | WestMountain Distressed Debt Inc. (OTCMKTS:WMDS)
Subject | By | Source | When |
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$WMDS registration revoked: | Renee | investorshub | 08/30/2019 1:33:35 PM |
WMDS SEC Suspension for delinquent Financials: | Renee | investorshub | 08/01/2019 1:34:49 PM |
Seriously... one of these days this thing is | ListenToMe | investorshub | 05/16/2017 10:18:20 PM |
$WMDS 3 Months Chart http://www.stockscores.c | $Pistol Pete$ | investorshub | 03/19/2017 8:17:31 PM |
$WMDS ...MM's are moving around now! | ListenToMe | investorshub | 01/30/2017 8:28:42 PM |