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Written by Hak
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Wednesday, 18 June 2008 |
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http://www.therockinsurance.com By SL Hak On the 5th of April 2008 Eliale Morigi was interviewed by SL Reports regarding the future prospects of the Rock Insurance Co., this can be viewed HERE. During the interview Eliale was uncertain on the future and the direction of The Rock, he was considering his option and stated that an announcement was expected soon. This never materialized, then along steps Scott Nestler who re energized the debate on the Capex forums. Scott Nestler even later suggesting that his companies would welcome the coverage.
Eliale has cautioned this approach and pointed out that “the best way to get such a plan implemented is by popular demand from the market. If most of the CEO’s and shareholders will start to ask for an insurance plan to exchanges management, maybe is going to be feasible.” A number of interesting comments were made by many of the contributors including Market Guardian and iVentures Volitant. The thread can be read in full HERE. Eliale Morigi has now announced after discussions with his CTO that the Rock Insurance Co. will be back offering insurance. This is projected to be by the end of July when the Rock Insurance Co. will be offering standard insurance coverage, which is likely to be for listed companies that the Rock Insurance company believes deserves it.
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Last Updated ( Wednesday, 18 June 2008 )
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