Bimini Capital Management to Announce Fourth Quarter 2018 Results
February 25 2019 - 4:25PM
Bimini Capital Management, Inc. (OTCBB:BMNM) ("Bimini” or the
"Company"), today announced that it will release results for the
fourth quarter of 2018 following the close of trading on Tuesday,
March 19, 2019.
Earnings Conference Call Details
An earnings conference call and live audio webcast will be
hosted Wednesday, March 20, 2019, at 10:00 AM ET. The conference
call may be accessed by dialing toll free (877) 312-5414.
International callers dial (408) 940-3877. The conference passcode
is 4449988. A live audio webcast of the conference call can be
accessed via the investor relations section of the Company's
website at www.biminicapital.com, and an audio archive of the
webcast will be available until April 19, 2019.
About Bimini Capital Management, Inc.
Bimini Capital Management, Inc. is an asset manager
that invests primarily in residential mortgage-related securities
issued by the Federal National Mortgage Association (Fannie Mae),
the Federal Home Loan Mortgage Corporation (Freddie Mac) and the
Government National Mortgage Association (Ginnie Mae).
Through our wholly-owned subsidiary, Bimini
Advisors Holdings, LLC ("Bimini Advisors"), we serve as the
external manager of Orchid Island Capital, Inc. ("Orchid"). Orchid
is a publicly-traded real estate investment trust (NYSE:
ORC). Orchid is managed to earn returns on the spread between
the yield on its assets and its costs, including the interest
expense on the funds it borrows. As Orchid’s external manager,
Bimini Advisors receives management fees and expense reimbursements
for managing Orchid's investment portfolio and day-to-day
operations. Pursuant to the terms of the management
agreement, Bimini Advisors provides Orchid with its management
team, including its officers, along with appropriate support
personnel. Bimini Advisors is at all times subject to the
supervision and oversight of Orchid's board of directors and has
only such functions and authority as are delegated to it.
We also manage the portfolio of our wholly-owned
subsidiary, Royal Palm Capital, LLC (“Royal Palm”). Royal Palm is
managed with an investment strategy similar to that of
Orchid. Bimini Capital Management, Inc. and its subsidiaries
are headquartered in Vero Beach, Florida.
CONTACT:Bimini Capital Management, Inc.Robert E.
Cauley, 772-231-1400Chairman and Chief Executive
Officerwww.biminicapital.com
Orchid Island Capital (NYSE:ORC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Orchid Island Capital (NYSE:ORC)
Historical Stock Chart
From Apr 2023 to Apr 2024