Quindell PLC (QPP) Personal Injury Legal Biz To The Rescue

Although Quindell PLC (LON:QPP) (OTCMKTS:QUPPF) likes to tout it “sector leading expertise in consulting, software, outsourcing and brokering solutions,” what they really are – the root of the company – is an ambulance chasing law firm.

Quindell’s revenue generation issues

This fact was recently highlighted in a Financial Times piece that noted the “unusual” nature of the one-time country club and it speaks to the company’s revenue generation issues to a degree.

A big issue with Quindell PLC (LON:QPP) (OTCMKTS:QUPPF) has been the quality of its cash flow.  The company has been feverishly working on this, and it can be seen in the number of legal...