One mile of Ocean Front, One Incredible Real Estate Development

Multi-Billion Dollar Agreement Signed With Oman

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Message: How Long ...?

This is ridiculous. How long does it take internationally renowned accounting firms to figure out and agree that these usufruct rights are as good as hard assets? Clearly they are ... and the last quarterly report all but said that PwC agreed they were (otherwise management would not have published pro forma balance sheet estimates of LLC and consolidated Inc.).

EID is over, guys. Let's get back to work and give management the reports they need to publish the obvious fact that there's an additional $718 million in assets to be booked on LLC's balance sheet. This SHOULD have been booked in the first half. At the rate things are going, will we even see it booked in 2015? I fully expect so, but then I'm an impatient westerner.

Good weekend to all and let's hope we see something next week.

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