Re: Latest Update via 10k
in response to
by
posted on
May 30, 2017 12:29PM
Multi-Billion Dollar Agreement Signed With Oman
James, Thanks for the analysis. One thing I can't wrap my head around is 15% vs $50 million. I think the $50m is just the start of the investment. In VERY round numbers, the land rights are worth AT LEAST $700 million. Assuming no other meaningful assets or liabilities, this should be the rough value of LLC. 15% of $700m is more than $100m.
Anyone have insight on what the obligations of the new investor(s) would be, beyond the $50m?
Agoracom, feel free to elicit a response from management, or at least have them point it out in whatever past filing is out there.
Thanks.