Sundance Strategies Inc (OTCQB: SUND) is a specialty finance company that acquires life insurance policies and residual interests in financial products tied to life insurance policies, including notes, receivables, and other obligations representing part or all of the sales price of insurance. Revenue is intended to come from death benefit proceeds collected on acquired policies, though the company has not generated sufficient cash flow from operations to fund itself as of FY2025. The company is headquartered in Provo, Utah, in approximately 1,600 square feet of office space, and has one named employee. Operations have been sustained entirely through related-party notes payable, convertible debentures, and equity issuances. As of March 31, 2025, the company held $168,648 in cash and reported a net loss before income taxes of $1,603,382 for the fiscal year ended March 31, 2025. Randall F. Pearson serves as President, Principal Executive Officer, and Principal Financial Officer, receiving a salary of $136,900 in FY2025. The company was originally incorporated in Nevada as Java Express, Inc. in 2001 and renamed Sundance Strategies, Inc. in April 2013 following a merger with ANEW LIFE, INC.
Life insurance policy acquisitions; residual interests in financial products tied to life insurance policies; notes, receivables, and other obligations representing the sales price of insurance. Historically involved Mortality Re-Insurance (MRI) coverage arrangements to smooth cash flows from pools of policies.
Death benefit proceeds from acquired life insurance policies and residual interests in related financial products. The company has not generated sufficient operating cash flow to fund operations as of the fiscal year ended March 31, 2025, and relies on debt and equity financing to sustain itself.
Not disclosed in the filing excerpts.
United States. Operations conducted from Provo, Utah.
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