Sachem Capital Corp. (NYSE MKT:SACH) Q2 2019 Earnings Conference Call - Final Transcript

Aug 16, 2019 • 08:00 am ET


Sachem Capital Corp. (NYSE MKT:SACH) Q2 2019 Earnings Conference Call - Final Transcript


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Good day, ladies and gentlemen, and thank you all for joining us for the Sachem Capital First Quarter 2019 Business Update Call. [Operator Instructions]

And now to get us started with opening remarks and introductions, I'm pleased to turn the floor to Sachem Investor Relations, David Waldman. Welcome, David.

David K. Waldman

Good morning and thank you for joining Sachem Capital Corp Second Quarter 2019 Conference Call. On the call with us today is John Villano, CPA, Co-Chief Executive Officer and Chief Financial Officer of Sachem. On Wednesday, August 14th, the Company announced its operating results for the three and six months period ended June 30th 2019, and its financial condition as of that date. The press release is posted on the Company's website In addition, the Company filed its quarterly report on Form 10-Q with the US Securities and Exchange Commission on August 14th, which can also be accessed on the Company's website as well as the SEC's website at If you have any questions after the call or would like any additional information about the Company, please contact Crescendo Communications at 212-671-1021.

Before Mr. Villano reviews the Company's operating results for second quarter of 2019 and the Company's financial condition at June 30th 2019, we'd like to remind everyone that this conference call may contain forward-looking statements. All statements other than statements of historical facts contained in this conference call, including statements regarding our future results of operations and financial position, strategy and plans, and our expectations for future operations, are forward-looking statements.

The words anticipate, estimate, expect, project, plan, seek, intend, believe, may, might, will, should, could, likely, continue, design, and the negative of such terms and other words and terms of similar expressions are intended to identify forward-looking statements. These forward-looking statements are based largely on the Company's current expectations and projections about future events and trends that it believes may affect its financial condition, results of operations, strategy, short-term and long-term business operations and objectives and financial needs.

These forward-looking statements are subject to several risks, uncertainties and assumptions as described in the Company's Form 10-Q for the second quarter of 2019 filed with the US Securities and Exchange Commission on August 14th 2019, as well as the Company's form 10-K filed on March 29th 2019. Because of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this conference call may not occur, and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. Although, the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance or achievements. In addition, neither the company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company disclaims any duty to update any of these forward-looking statements. All forward-looking statements attributable to the Company are expressly qualified in their entirety