Malibu Equity and Investments.

So it would be patent amortization.

Malibu Equity and Investments. Roger Van Zant.

Maintenance, same thing.

If you have a 10 year loan, you'd put 10 here.

Now, who are they accountable to?

The amount of money you get.

(Laughter)

Mmhm. It's a real estate investment.

Amortization is the exact same thing, but it deals with intangible assets.

That assets, A for assets, is equal to

So its assets.

And then whatever assets I get I would have to sell it.

Investment

Or I guess you can say that the share structure is locked from the beginning

And, but it really it got the electricity. It took a long time.

This money is for the year's assessment on the Saint Helen of the Blessed Shroud Orphanage in Calumet City, Illinois.

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

...I'm printing the money so that I can buy particular assets,

I'll do that in yellow.

It should start to make a little bit of intuitive sense

In my opinion, we need to diversify our assets.

He valued what we already had at 5 million dollars.

And also you can deduct, actually, the property tax.

I guess you can't quantify charisma and good looks.

They're valuing these assets at 1 million.

Investing in professional development is not a cost.

As investors flee

Investing.

I don't want to draw this box.

And rich, eh?

liabilities plus equity.

Now we have 3,000 apples being produced, because these were really good investments.

In the private sector, when you squeeze that kind of additional value out of a fixed cost investment, it's called a billion dollar company.

In a world without leverage so if I didn't have all this

So this is just another visual representation that

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

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

Big investors.

Investment in what?

You don't have to be an intellectual property expert to understand the difference between right and wrong.

This is what I assume because I live in California, and in most areas of California, that's the property tax.

I spent our entire life savings on these things.

like an equation, but it's assets is equal to liabilities plus equity.

Remember liabilities plus equities are equal to assets.