Bimini Capital Management IncOOTC BMNM Stock Report

Bimini Capital Management, Inc. is a specialty finance company, which engages in the business of investing in residential mortgage-related securities issued by the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, and the Government National Mortgage Association. The company is headquartered in Vero Beach, Florida and currently employs 8 full-time employees. The company went IPO on 2004-09-16. The firm operates in two segments through its principal operating subsidiary, Royal Palm Capital, LLC, which includes its subsidiary, Bimini Advisors Holdings, LLC. The firm operates through two segments: the asset management and the investment portfolio. The asset management segment includes the investment advisory services provided by Royal Palm Capital, LLC’s subsidiary, Bimini Advisors Holdings, LLC, to Orchid. The investment portfolio segment includes the investment activities conducted by Royal Palm Capital, LLC (Royal Palm). The investment portfolio segment receives revenue in the form of interest and dividend income on its investments. References to the general management of the Company’s portfolio of mortgage-backed securities (MBS) refer to the operations of Royal Palm. Its portfolios consist of two categories of Agency MBS, traditional pass-through Agency MBS and structured Agency MBS.