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SParikh wrote: This article speaks true to the importance and capitalizing of the cloud. Me having experience dealing with cloud based tech and consulting and integration services, I realize the need for a secure and consistant cloud service. Many people are concerned with the privacy, or lack thereof, that could occur with storing personal documents into a non-physical storage unit. I can see, though with companies such as ours and Metacloud, we are working toward a more secure and easy to use cloud system for both personal and professional use. Spursh Parikh www.sererra.com
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GAINSCO Announces Special Cash Dividend

DALLAS, Dec. 7, 2012 /PRNewswire/ -- GAINSCO, INC. (the "Company") (Pink Sheets: GANS) today announced that its board of directors approved a special cash dividend of $1 per share.  The special dividend will be payable on December 27, 2012 to shareholders of record on December 18, 2012.

The Company believes that, at its current size, it has more than adequate capital to support its insurance operations, and that it is appropriate to return some capital to shareholders through a special cash dividend.

GAINSCO, INC. is a Dallas, Texas-based holding company established in 1978.  The Company, through its insurance brand, GAINSCO Auto Insurance®, specializes in minimum-limits personal auto coverage and actively distributes its nonstandard personal auto products through independent retail agents in Florida, Georgia, South Carolina and Virginia (early 2013) {Southeast Region} and in Arizona, New Mexico, Oklahoma and Texas {Southwest Region}.  Its insurance company subsidiary is MGA Insurance Company, Inc.

SOURCE GAINSCO, INC.

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