I'd give you a lightbulb if I had more left, I'm a numbers guy...

I'd give you a lightbulb if I had more left, I'm a numbers guy and pretty bad at qualitative stuff, I assume everything you said is correct. I'm long on this stock based on the assumption 50% of the $65m trailing commissions are worthless, its Spectrum Wealth Advisor is sold for half its book value, combined with $30m remaining liquid assets pays off all its liabilities, which is what current pricing roughly implies (most importantly however is the St Andrews acquisition in the horizon which should be profitable from day 1). From the book Security Analysis, only 2 things I still remember, one of which is when he said every business become attractive at a certain price, and for this stock its definitely not 0, that's for certain.

By the way, I actually went through the PDS once, but only read the cooling off period which had a period of 45 days, I thought for funeral insurance they had 12 months free and cancel anytime?