They write these research reports because they want to go to institutional investors or people who have their brokerage accounts with these banks, and essentially sell them stock.

So when you have this regular open end mutual fund, any individual investors can come to the fund and say

The amount of money you get.

Series A.

So you have tons of investors.

100,000? What's the money in so far?

Investment

Now, who are they accountable to?

Malibu Equity and Investments.

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

Let's say it sells a million shares.

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.

As investors flee

Investing.

Fair enough.

And, of course, when you have consumption touching up against you're fully utilized, that makes it even more an incentive to invest.

Malibu Equity and Investments. Roger Van Zant.

And this is the important thing.

This is the total actual value.

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

Big investors.

Investment in what?

We are now faced with these questions to answer.

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

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

But he said you know Nempo...

Peter Thiel just made an angel investment of half a million dollars.

It's what we call, Invest, connect and celebrate.

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

Let me put that.

Just Manic Enough.

Consider it a capital investment.

I want investment.

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

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.

Very highly rated debt is where I'm going to invest my money.

If there are investors willing to finance

We had gone back to the till.

And then, what's the state of affairs in our city now?

And we allow entrepreneurs to share a percentage of their revenues.

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

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.