Alternative

Alt. Rock

The amount of money you get.

Well their intention was to take these home equity loans and put that money to work, invest it in some way.

Investment

Malibu Equity and Investments.

He valued what we already had at 5 million dollars.

They're valuing these assets at 1 million.

Investing in professional development is not a cost.

Malibu Equity and Investments. Roger Van Zant.

And I'll show you why that matters in a second.

Now, who are they accountable to?

Let me put that.

Just Manic Enough.

Did you know that 40 percent of the wealth created in Africa is not invested here in Africa?

We said before any of this stuff on the top existed, the pre money valuation of just our idea was 5 million.

And this is the important thing.

I just took the total NAV and I divided it by the shares.

So you can imagine, this is the actual amount of cash that

This is the total actual value.

Now how does that work out?

And so with patient capital from Acumen and other organizations,

By the way before we go forward, this is one point I want to mention.

EBlT in this case would be the operating profit plus this investment income.

(Laughter) Here's some advice from one of the largest investors in the United States.

If what we had before is worth 5 million and there were a million shares initially, then the pre money valuation

He invested his money in stocks.

But he said you know Nempo...

We are now faced with these questions to answer.

isn't an unwise investment.

And of course the pre money valuation is just you just take the pre money valuation plus the amount of cash they're giving us.

On the equity side of the equation we just have four million shares.

And that seems like a pretty reasonable proposition.

So then they funneled even more money.

I ran to my computer to send it to the IMF official.

If there are investors willing to finance

And we start getting to the negotiation.

So this is my slice down here, 200,000.

That's it you are the person.

We've had a lot of experience.

So let's say he convinces investor B to join in.

So let me delete this.

But this investment goes to everyone.

We had gone back to the till.

I think it was at 7.50 a share.