Featured Articles

Date Issued     8/13/2014Shares Offered    1,400,000      Overallotment Shares  210,000S&P Rating   NR    Moodys Rating   NRSecurity Ticker Symbol   GSL-B     OTC Temp Ticker  GPSLFMarket Traded ON   NYSEDividend Payment Paid on the 1st of January, April, July and October beginning on 10/1/2014Quarterly Dividend   .547   Annual Dividend   2.188Securities may be redeemed, at the companies option, as…

Little oil and gas exploration company Red Mountain Resources is offering a 10% Cumulative Redeemable Term Preferredissue.This issue is interesting in that it is a Term Preferred, with optional redemptions prior to mandatory redemption.  Starting immediately the company can redeem the shares at a premium to par.  The premium is reduced the closer the issue gets to mandatory redemption in 2018.Red Mountain…

August 11, 2014 - 11 pm  Today was a relatively quiet day in stocks and bonds.  Stocks seemed a little lost on whether to go up or down, but bond yields knew exactly what to do--stay low.  While the 10 year treasury yield closed a tad higher than last Fridays close, it remains low, and we believe heading lower.  In addition…

Date Issued    OFFERING CANCELLEDShares Offered                     Overallotment SharesS&P Rating   NR    Moodys Rating   NRSecurity Ticker Symbol   RMRAPMarket Traded ON   NASDAQDividend Payment Paid on the 15th of January, April, July and October beginning on 10/15/2014Quarterly Dividend   .625   Annual Dividend   2.50Optional Redemption as follows--Between 7/15/2014 and 7/14/15 for 105% of…