And so liabilities plus equity is equal to assets.

Yes, put that aside.

It doesn't sound like we borrowed money or anything.

I still owe the almost 1.075 million.

And on the cash flow statement you express that saying

So the only liability is this 5,000.

But I just wanted to make it clear that that's obviously the best way to generate capital for your business is when the business itself generates capital.

What's going on in Nigeria? A couple of things.

That is about three and a half billion U.S. dollars coming out of a small we used to be resource rich

What's my equity?

Remember liabilities plus equities are equal to assets.

All of our earnings actually fall down straight to equity.

That just comes out of the definition of what equity is.

So 26 billion of assets minus 23 billion of liabilities means that we have 3 billion of equity of shareholders' equity.

So what's left over?

And we have 23 billion in liabilities.

And what is required is a combination of physical capital, institutional capital, human capital and security, of course, is critical, but so is information.

They could say, well when I go to my financial planner, they said, oh, it's so inefficient for you to have all of that equity sitting in your house.

Where am I taking this money out of?

That assets, A for assets, is equal to

Based in Chelsea.

We had marginal profits, and we had unhappy stakeholders.

But we'll do a whole playlist on that.

Privately funded with presence in 83 recorded countries.

Assets are always equal to liabilities plus equity.

This whole thing started because I took Frobisher's money.

We have a very, very steady business.

And then on the equity side, because we have no liability, so in this case assets will be equal to equity.

Or the other way to view it is, assets minus liabilities is equal to equity, right?

And here is the best example, the Contras in Nicaragua, created by the ClA,

One exception is in Massachusetts.

The company was started with 100,000 in capital.

So notice, I now have negative equity, right?

less capital intensive that there's less money that's required

That's my net worth.

Just have a look at the demographics in the U.S. here.

So it just showed you, you could do something about it.

But, to get there, the first thing to understand is just the capital structure and how capital markets work in general.

liabilities plus equity is equal to assets.

How much equity do they have?

This was not a cash expense, so from our operations we had 50,000 dollars,

The corporation cofinanced that colony with Colonial Administration.

It should start to make a little bit of intuitive sense

These are their assets, just to get all the labelling right.

that assets are equal to liability plus equity.