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Francisco Industries, Inc. (FRAZ)

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Last Post: 12/12/2017 9:43:34 AM - Followers: 33 - Board type: Free - Posts Today: 0



$FRAZ OFFICIAL CERTIFIED US GOV'T FCSC CLAIM - $52,643,438 + 6% annum interest for 57 years!
What is this claim worth today to the shareholders?
#'s For a Maximum Settlement  
 $    52,643,438  Claim Amount  
 $       3,158,606  Yearly Interest  
 $  180,040,558  Total Interest (57 years)  
 $  232,683,996  Total Claim Worth 2017  
 $       2,780,000  Liabilities (Estimated for 2017)  $50k per year from 1990 on per filing
 $  229,903,996  Total Payout before fees/taxes?  
574484  Outstanding Shares  
 $           400.19  Potential Value Per Share  

Now note this amount could be significantly reduced based on settlement outcome.
However - It most likely will still be significant.
And there is the unknown legal fees and taxation issue to still be addressed, but we will know more when settlements are happening (if they do).


https://www.justice.gov/fcsc/cuba/documents/1501-3000/2500.pdf 

https://www.cubanclaims.org/   http://www.certifiedcubanclaims.org/index.htm


Name of claimant / Amount of loss certified ($)
Cuban Electric Company: 267,568,414
North American Sugar Industries, Inc.: 97,373,415
MOA Bay Mining Company: 88,349,000
United Fruit Sugar Company: 85,100,147
West Indies Sugar Corp.: 84,880,958
American Sugar Company: 81,011,240
ITT as Trustee: 80,002,794
Exxon Corporation: 71,611,003
The Francisco Sugar Company: 52,643,438     (now known as Francisco Industries, Inc.)
Starwood Hotels & Resorts Worldwide, Inc.: 51,128,927
International Telephone and Telegraph Co.: 50,676,964
Texaco, Inc.: 50,081,110
Manati Sugar Company: 48,587,848

Francisco Industries Inc (aka Francisco Sugar Company) was a 1899 stock that was a subsidiary of a extremely large Cuban commodity company (Czarnikow-Rionda Company) that had at one point $800 million is revenue.

Per the SEC - Here is the last official filing for FRAZ:
  

You will notice the remaining liabilities are very small, so a complete payout would not be impacted much by the liabilities.
Also the OS is confirmed for commons with no preferred shares outstanding:

 
On 7/28/16, the company re-confirmed the OS of 574,484 shares. 

Here is the NJ Reinstatement filing in 1994 to stay current:
 

And the company's current status with NJ:


The person who is currently in charge of FRAZ is  Nicolas Gutierrez  http://www.nbcmiami.com/news/local/Renewed-Optimism-for-Cuban-Property-Claims-372610292.html?t=47 about 38 sec. into video 
http://www.corporatecreations.com/services/reinstatement.html   Corperate Creations Network Inc.

THE PORT OF GUAYABAL STILL IN ACTION TODAY. FRAZ OWNED THIS PORT WHEN IT WAS CONFISCATED.

.

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PostSubject
#864   Dec 12, 2017 President Trump Deserves Opportunity To deet49 12/12/17 09:43:34 AM
#863   United States and Cuba Hold Biannual Migration Talks deet49 12/12/17 09:40:45 AM
#862   2500 shares sold short of the 4600 volume deet49 12/12/17 08:58:30 AM
#861   http://www.miamiherald.com/news/nation-world/world/americas/cuba/article180059806.html Mariel Speci deet49 12/11/17 02:38:36 PM
#860   Back-channels ... deet49 12/11/17 12:14:07 PM
#859   “We have significant connections with [Trump] the current deet49 12/08/17 03:19:32 PM
#858   Count Me IN! Go FRAZ $400 deet49 12/08/17 01:42:17 PM
#857   The problem with foreign investors is that it JDoggs_Money 12/08/17 01:33:19 PM
#856   "A group of foreign investors is seeking a deet49 12/08/17 12:15:43 PM
#855   .55 X .80 MWM 12/08/17 10:45:46 AM
#854   Blue Print: The goal is to have an deet49 12/08/17 10:15:39 AM
#853   80,700 shares Sold Short http://regsho.finra.org/FORFshvol20171207.txt deet49 12/07/17 08:30:14 PM
#852   Would love to know if there is anything MWM 12/07/17 03:54:43 PM
#851   https://www.treasury.gov/resource-center/sanctions/Programs/Documents/cuba_fact_ deet49 12/07/17 01:49:45 PM
#850   Federal Register Nov9,2017 Rules-Regulations https://www.treasury.gov/resource- deet49 12/07/17 01:46:18 PM
#849   UPDATED NOVEMBER 8, 2017 https://www.treasury.gov/resource-center/sanctions/Prog deet49 12/07/17 01:44:01 PM
#848   DEPARTMENT OF THE TREASURY https://s3.amazonaws.com/public-inspection.federalreg deet49 12/07/17 01:42:52 PM
#847   Good things take time, but great things happen deet49 12/07/17 11:38:07 AM
#846   Yes it's got to be something out of MWM 12/07/17 11:04:43 AM
#845   There is no equity raise, as no company JDoggs_Money 12/07/17 10:59:11 AM
#844   Wonder if Nick is selling his shares possibly? MWM 12/07/17 10:53:58 AM
#843   So these are clearly arranged trades. Something very MWM 12/07/17 10:40:04 AM
#840   have seen non-reporting company's file 13g and form deet49 12/06/17 07:36:30 PM
#839   Yeah it was only logical as naked shorting JDoggs_Money 12/06/17 07:35:14 PM
#838   was thinking that today and at the same deet49 12/06/17 07:31:00 PM
#837   Well b/c this is a non-reporting company there JDoggs_Money 12/06/17 07:18:02 PM
#836   No one would be that stupid, right? Shorting JDoggs_Money 12/06/17 07:16:00 PM
#835   93,830 shares Sold Short http://regsho.finra.org/FORFshvol20171206.txt deet49 12/06/17 07:09:06 PM
#834   we'll see if 13G or FORM4 comes deet49 12/06/17 07:00:36 PM
#833   I'm very confused about what is taking place JDoggs_Money 12/06/17 03:54:34 PM
#832   Damn! They are clearing everything out! MWM 12/06/17 01:24:37 PM
#831   Finally Time to Shoot The Moon!?! deet49 12/06/17 12:33:09 PM
#830   http://www.pobletetamargo.com/ ? deet49 12/06/17 12:21:52 PM
#829   Ok volume is insane today. Sent Nick an JDoggs_Money 12/06/17 11:52:36 AM
#828   Can trade to within 10% OF FULL VALUE deet49 12/06/17 11:41:22 AM
#827   I agree with that. This has me very intrigued! JDoggs_Money 12/06/17 10:50:40 AM
#826   FRAZ Ultra Low Floater! Only a true Pro deet49 12/06/17 10:49:48 AM
#825   Yeah a little jealous here. Already have a JDoggs_Money 12/06/17 10:38:39 AM
#824   Someone is really Loading WoW! MWM 12/06/17 10:37:51 AM
#823   Maybe someone wants to buy the claims! MWM 12/06/17 10:18:17 AM
#822   Who is loading??? Just sucked up 10% of JDoggs_Money 12/06/17 10:11:39 AM
#821   Very Nice! That is a step in the MWM 12/05/17 02:10:35 PM
#820   Official: US to tap longtime diplomat to run deet49 12/05/17 11:11:33 AM
#819   Feels Like Santa is Coming to Town VIA deet49 12/05/17 10:15:16 AM
#818   http://www.paed.uscourts.gov/documents/opinions/17D0808P.pdf guidance on licenses to transfer cla deet49 12/04/17 10:25:05 AM
#817   Dang Huge Bidder here too! MWM 12/04/17 10:14:34 AM
#816   Nice to See a $64,000 Bidder ...? deet49 12/04/17 10:14:27 AM
#815   MINCEX Official Talks About Private Enterprise & Commerce deet49 11/20/17 10:36:49 AM
#814   100 Day Countdown to Say good Bye to Castro deet49 11/17/17 10:45:02 AM
#813   Treasury, Commerce, and State Implement Changes to the deet49 11/08/17 11:31:22 PM
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