Redemption

So their liabilities increase accordingly.

The amount of money you get.

Let's say it gets bigger every time because that's usually how these things go, you know, you normally don't don't have just three investors, you'll have hundreds of investors.

Very few have ever been redeemed.

The price of the operation is the safe return of Scylla.

You'll be a member of a democratically controlled investment opportunity who's primary role, after return to investors, shareholders, members, is returned to the community.

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.

He valued what we already had at 5 million dollars.

This line would have disappeared.

And then they have an offsetting liability which is just notes outstanding, which is literally saying that hey, these are notes that we've created.

They're valuing these assets at 1 million.

Investing in professional development is not a cost.

As investors flee

Investing.

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.

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.

And amortizing really just means spreading out the cost of this asset, just like depreciation was spreading out the cost of a physical asset.

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

Greece can no longer pay off its debts.

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.

Targeting me won't get their 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