ss.1350, I, the undersigned Chief Executive Officer of LM Funding America, Inc. (the “Company”), hereby certify, based on my knowledge, that the Quarterly Report on Form 10-Q of the Company for the quarterly period ended March 31, 2019 as filed with t He serves as Chief Financial Officer of LMFA, an affiliate of our sponsor and publicly traded company on the Nasdaq Capital Market. "Generally, we buy or finance receivables at a … Rodgers Bruce M. - LMFA / LM Funding America, Inc. - Insider Trade Report This page shows the track record and history of Rodgers Bruce M. insider trades in LM Funding America, Inc.. Bruce M. Rodgers is a business transactions attorney and a former shareholder with Macfarlane, Ferguson, & McMullen, P.A. Chairman of the Board, Chief Executive Officer and President. 30, 2019 Debt Disclosure [Abstract] Debt and Other Financing Arrangements Note 6. Mr. Rodgers is a former business transactions attorney counseling numerous businesses with respect to mergers, acquisitions and capital raising transactions. LMFA, 2019-11-15 sec.gov 'LM Funding has operated under the tagline ‘We Buy Problems' since 2011' said LMFA's CEO Bruce M. Rodgers. Bruce M. Rodgers Chairman, Chief Executive Officer and President Mr. Rodgers serves as the Chairman of the Board of Directors, Chief Executive Officer and President of the company. 'Generally, we buy or finance receivables at a discount and monetize them through the judicial process. Commitments and Contingencies 9 Months Ended Sep. Summary of Significant Accounting Policies (Policies) 9 Months Ended Sep. This analysis is for one-year following each trade, and the results are theoretical. "We believe LMFA is best served by Mr. Traber 's active participation on the board of LMAO, where we hope his contacts and experience will contribute to a … Fintel makes no representations or warranties in relation to this website or the information and materials provided on this website. “LM Funding has operated under the tagline ‘We Buy Problems’ since 2011” said LMFA’s CEO Bruce M. Rodgers. There are no known unplanned open-market trades for this insider. Said Rodgers, “Our company started during the financial crisis of 2008 with limited operating experience. From 2012 to 2013, he served on the Board of Directors of Exeter Trust Company, Portsmouth, New Hampshire. Bruce Rodgers is Chairman of the board of directors and Chief Executive Officer of LM Funding America, Inc. (NASDAQ:LMFA). "After a thorough review of LMFA's current operations and strategic alternatives, we selected the Hanfor business combination transaction as the best option for our shareholders," commented Bruce Rodgers, Chairman and Chief Executive Officer of LMFA. LMFA, 2019-08-15 sec.gov I have reviewed this annual report on Form 10-Q of LM Funding America, Inc.; 2. Insider Trading Anomaly: Does this Insider's Trades Predict Future Stock Performance? LMFA, 2019-04-16 sec.gov Mr. Traber currently served and has served as a director of LMFA, an affiliate of our sponsor and publicly traded company on the Nasdaq Capital Market, since its initial public offering in October 2015, although Mr. Traber will cease to be a director of LMFA upon the completion of this offering. © 2015-2020 Fintel Ventures LLC. Fintel currently tracks over 9500 funds and over 63,000 securities traded worldwide. “Generally, we buy or finance receivables at a discount and monetize them through the judicial process. I have reviewed this quarterly report on Form 10-Q of LM Funding America, Inc.; 2. In this section, we analyze the profitability of every unplanned, open-market insider purchase made Nothing on this website constitutes, or is meant to constitute, advice of any kind. It provides funding to nonprofit community associations (Associations) primarily located in the state of Florida, as well as in the states of Washington, Colorado, and Illinois. The company is led by CEO and Chairman Bruce Rodgers, who has served as … Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light, v3.19.2 Debt and Other Financing Arrangements 6 Months Ended Jun. TAMPA, FL / ACCESSWIRE / January 29, 2021 / LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or "LMFA"), a technology-based specialty finance … Richard Russell serves as our Chief Financial Officer, Treasurer, Secretary and a director. - v3.19.3 Summary of Significant Accounting Policies (Policies) 9 Months Ended Sep. 30, 2019 Accounting Policies [Abstract] Nature of Operations Nature of Operations LM Funding America, Inc. (“LMFA” or the “Company”) was formed as a Delaware corporation on April 20, 2015. Down payment of $28,125 was required upfront and equal installment payments of $8,701 to be made over a 10 mont, Exhibit 32.1 Written Statement of the Chief Executive Officer Pursuant to 18 U.S.C. "LM Funding has operated under the tagline ‘We Buy Problems' since 2011" said LMFA's CEO Bruce M. Rodgers. View the real-time LMFA price chart on Robinhood and decide if you want to buy or sell commission-free. Bruce Rodgers Chairman of the Board, Chief Executive Officer and President Mr. Rodgers also serves as Chairman, Chief Executive Officer, and President of LMFA, an affiliate of our sponsor and publicly traded company on the Nasdaq Capital Market. Mr. Rodgers was instrumental in developing LMFA’s business model prior to its inception and was one of its primary investors. This analysis is for one-year following each trade, and the results are theoretical. The SEC defines Insiders as officers, directors, or significant investors (greater than 10% ownership) in a company. - Exhibit 31.1 Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 I, Bruce Rodgers, certify that: 1. Most recently he bought 700 units of LMFA stock worth $5,635 on 27 September 2016. EX-31.1 2 lmfa-ex311_6.htm EX-31.1 Exhibit 31.1 . Company Contact: Bruce Rodgers Chairman and CEO LM Funding America, Inc. Tel (813) 222-8996 investors@lmfunding.com Investor Relations Contact: … Weakness in the economy then led to growth and profitability from 2009-2015. "LM Funding has operated under the tagline We Buy Problems' since 2011" said LMFA's CEO Bruce M. Rodgers. A veteran of the software industry, with over two decades of experience, Mr. Bennett is well-versed at both the board of directors and executive levels of public and private sector companies, and he strives to maximize organizations’ key value propositions and enhance their greatest asset: their people. Debt and Other Financing Arrangements 6 Months Ended Jun. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light Mr. Rodgers LMFA stock SEC Form 4 insiders trading Bruce has made over 7 trades of the LM Funding America Inc stock since 2015, according to the Form 4 filled with the SEC. Down payment of $28,125 was required upfront and equal installment payments of $8,701 to be made over a 10 mont The knowledge gained from his observations and his knowledge and experience in business transactions and securities law will assist in monitoring our performance and when we consider and pursue business acquisitions and financial transactions. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. Improve your mastery of Fintel and investing by attending a webinar. Rodgers also heads LMFAO Sponsor LLC. for registration and will fill up soon, so sign up now! Prior to 2010, Mr. Bennett served as the Chief Operating Officer and as a member of the board of directors of SOE Software, a nationally recognized leader of e-Government focused software solutions, from 2005 to 2010. Bruce M Rodgers is Chairman/Pres/CEO/IR at LM Funding America Inc. See Bruce M Rodgers's compensation, career history, education, & memberships. - v3.19.3 Goodwill and Acquisition - Summary of Consideration Paid and Amounts of Identified Assets Acquired and Liabilities Assumed (Details) - USD ($) Jan. 16, 2019 Sep. 30, 2019 Business Acquisition [Line Items] Goodwill $ 5,689,586 IIU, Inc and Wallach and Company [Member] Business Acquisition [Line Items] Total adjusted purchase price $ 4,969,200 Cash 51,327 Prepaid and other current assets 5,2 - Exhibit 32.1 Written Statement of the Chief Executive Officer Pursuant to 18 U.S.C. LMFA was formed for the purpose of completing a public offering and related transactions in order to carry on the business of LM Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. LMFA, 2019-05-16 sec.gov - 5 Mr. Bennett received his Bachelor’s Degree in Computer Science from the University of Texas at El Paso in 1983. In this capacity, Mr. Rodgers was an associate of Macfarlane, Ferguson, & McMullen, P.A. Commitments and Contingencies Leases The Company leases certain office space, construction and office equipment, vehicles and temporary housing generally under non-cancelable operating leases. - UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-37605 LM FUNDING See our Privacy Policy and Terms and Conditions. Fintel® is a registered trademark. As a corporate and securities lawyer, Mr. Traber has a fundamental understanding of governance principles and business ethics. All rights reserved. If you require advice in relation to any financial matter you should consult an appropriate professional. LMFA / LM Funding America, Inc. EX-101.CAL - - XBRL TAXONOMY EXTENSION CALCULATION LINKBASE, Written Statement of the Principal Executive Officer and Principal Financial Officer, Pursuant to 18 U.S.C. I have reviewed this annual report on Form 10-Q of LM Funding America, Inc.; 2. He is a former business transactions attorney and was a … Section 1350 Solely for the purposes of complying with 18 U.S.C. Since 2016, he has provided financial and accounting consulting services with a focus on technical and external reporting, internal auditing, mergers & acquisitions, risk management, and CFO and controller services. Leases with an initial term of one year or less ar Capital, LLC, Mr. Burson focused on making investments out of the firm’s Growth Equity fund, with a focus on the technology, consumer, healthcare, and business service sectors. 'We believe LMFA is best served by Mr. Traber's active participation on the board of LMAO, where we hope his contacts and experience will contribute to a successful merger transaction for our sponsored SPAC', said Bruce M. Rodgers, chief executive officer of LMFA and LMAO. Mr. Russell is also Chairman of the Hillsborough County Internal Audit Committee since January 2020 and has been a board member since August 2016. Insider Purchases - Short Term Profit Analysis. LMFA, 2019-05-16 sec.gov If the transactions contemplated in the Master Loan Receivable Purchase and Assignment Agreement and Settlement Agreement are completed in full, … View Bruce Rodgers’ profile on LinkedIn, the world’s largest professional community. From 1994 until 2016, Mr. Traber was a partner of Foley & Lardner LLP, in Tampa, Florida, representing clients in securities law matters and corporate transactions. ss.1350, I, the undersigned Chief Executive Officer of LM Funding America, Inc. (the “Company”), hereby certify, based on my knowledge, that the Quarterly Report on Form 10-Q of the Company for the quarterly period ended March 31, 2019 as filed with t, UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-37605 LM FUNDING, v3.19.1 Fair Value of Financial Instruments - Additional Information (Detail) - Level 3 [Member] 12 Months Ended Dec. 31, 2018 Dec. 31, 2017 Measurement Input, Discount Rate [Member] Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items] Fair value measurement discount rate 0.0865 0.0795 Measurement Input, Expected Term [Member] Fair Value Balance Sheet Grouping Financial Stat, 13F Universe (Hedge Fund Holdings Tracker). The MarketWatch News Department was not involved in the creation of this content. Understanding how CEOs are incentivised to … This website is provided “as is” without any representations or warranties, express or implied. November Certification of Chief Executive Officer. Mr. Bennett currently serves as CEO and Chairman of Mad Mobile, Inc., a global leader in point-of-sale modernization and technology solutions for the retail and restaurant industries, which he founded in 2010. § 1350, LMFA / LM Funding America, Inc. 10-Q Quarterly Report 10-Q - MARCH 2019. by Rodgers Bruce M. in US:LMFA / LM Funding America, Inc.. Mr. Russell’s extensive professional experience with public companies includes his position as Director of Financial Reporting for Quality Distribution, a transportation and logistics company, from 2004 – 2007, and as Director of Financial Reporting for Danka Business Systems PLC, a supplier of photocopiers and office imaging equipment, from 2001 – 2004. 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