It matters to some degree for trading purposes.

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.

No major investor will consider us.

And then this syndicate of banks, led by the lead underwriter, will then sell it to their brokerage clients.

But now we actually built something.

They're valuing these assets at 1 million.

As investors flee

Or are you trying to get an intuition for helping to become a better investor?

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

Big investors.

This is the total actual value.

So in the end, I went after private investors, just gave up on it.

Just Manic Enough.

He valued what we already had at 5 million dollars.

Then enjoy your meal. Thank you, thank you!

Excuse me, customer!

I'm fine.

If you didn't do it, then something big could have happened. You saved a person.

Excuse me...

Here we are, Sir.

Who is it?

A visitor?

Ma'am?

I'm a client.

Hey, lady.

Nab!

And of course the investors would care that the money that they're essentially giving because they're giving money to the investment bankers who are giving money to

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

Here.

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

Wouldn't want the trust fund to run out, now, would we?

And this is what today is about it's about discussing those very opportunities.

If there are investors willing to finance

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

Just get over to that gas station. ( mysterious theme playing ) MANAGER

See, we've got company.

Anything for you, ma'am?

We have visitors.

Are you up for having a visitor?

We have a guest.

Well number 1 is you could post it to the forums, and we'll select the best presentations and put them on Steve's blog.

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

And that seems like a pretty reasonable proposition.

The gentleman's coat.

So essentially, instead of Countrywide being responsible for my loan, my payments now go to these investors.