LIFE PARTNERS HOLDINGS, INC. (OTCMKTS:LPHIQ) Files An 8-K Regulation FD Disclosure
Item 7.01
| Regulation FD. |
On April 24, 2017, Life Partners Holdings, Inc. (the
Company) and its direct and indirect
subsidiaries, Life Partners, Inc. and LPI Financial Services,
Inc., filed with the United States Bankruptcy Court for the
Northern District of Texas unaudited and unreviewed quarterly
operating reports for the Company and its direct and indirect
subsidiaries for the quarter ended March 31, 2017 (the
Quarterly Operating Reports). The
Quarterly Operating Reports are attached to this current report
on Form 8-K as Exhibit 99.1 through Exhibit 99.3 and are
incorporated herein by reference.
Limitations on Incorporation by Reference:
In accordance with general instruction B.2 of Form 8-K, the
information in Item 7.01 of this report, including Exhibit 99.1
through Exhibit 99.3, is furnished to Item 7.01 and shall not be
deemed filed for purposes of Section 18 of the Securities
Exchange Act of 1934, or otherwise subject to the liability of
that section.
| Item 9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits. |
| 99.1 |
Quarterly Operating Report for the quarter ended March 31, 2017 for Life Partners Holdings, Inc. |
| 99.2 |
Quarterly Operating Report for the quarter ended March 31, 2017 for Life Partners, Inc. |
| 99.3 |
Quarterly Operating Report for the quarter ended March 31, 2017 for LPI Financial Services, Inc. |
About LIFE PARTNERS HOLDINGS, INC. (OTCMKTS:LPHIQ)
Life Partners Holdings, Inc. is a financial services company. The Company, through its subsidiary, Life Partners, Inc. (LPI), is involved in life insurance known as life settlements. LPI facilitates the sale of life settlements between sellers and purchasers. Its life settlement transactions involve the sale of an existing life insurance policy to another party. The Company provides purchasing services for life settlements to its client base. The Company facilitates these transactions by identifying, examining, and purchasing the policies as agent for the purchasers. The Company has investments in software and processes that enable the Company to facilitate transactions. The Company facilitates approximately 162,000 purchaser transactions involving over 6,500 policies. LIFE PARTNERS HOLDINGS, INC. (OTCMKTS:LPHIQ) Recent Trading Information
LIFE PARTNERS HOLDINGS, INC. (OTCMKTS:LPHIQ) closed its last trading session at 0.0300 with shares trading hands.