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Francisco Industries, Inc. (FRAZ)

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Moderator: deet49, JDoggs_Money
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Last Post: 7/19/2017 11:36:54 AM - Followers: 31 - 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
#782   Trump suspends title III of HB Act and JDoggs_Money 07/19/17 11:36:54 AM
#781   Recommendation: Unlike his predecessors, President Trump should issue deet49 07/12/17 01:01:32 PM
#780   4 Days Till TRUMP Title III of the deet49 07/12/17 09:12:38 AM
#779   Trump Open A Pandora’s Box of Litigation Over deet49 07/10/17 03:35:00 PM
#778   23 Days Title III Waiver of The Helms deet49 07/06/17 11:21:35 AM
#777   You Like That You'll Love This ... deet49 06/30/17 01:32:31 PM
#776   L2 starting to light up at higher levels. JDoggs_Money 06/29/17 06:57:24 PM
#775   Only True Longs will Reap IT! deet49 06/29/17 02:50:27 PM
#774   https://www.whitehouse.gov/blog/2017/06/16/fact-sheet-cuba-policy deet49 06/29/17 11:52:54 AM
#773   No Brainer A Fighter in the White House deet49 06/29/17 11:47:27 AM
#772   Someone laid a nice share trail for me JDoggs_Money 06/29/17 11:05:54 AM
#771   Interesting... was that you? Lol If not, glad JDoggs_Money 06/28/17 05:40:18 PM
#770   You will get a kick out of this deet49 06/28/17 01:45:14 PM
#769   33Days Left Title III Waiver of The Helms deet49 06/28/17 12:53:05 PM
#768   240 days left For President Castro deet49 06/28/17 12:51:29 PM
#767   There's not many shares left to buy under JDoggs_Money 06/28/17 12:10:44 PM
#766   100Shares=$40k FCSC-Settlement TRUMP Doesn't waive Title-III provision in deet49 06/27/17 11:16:47 AM
#765   Looking like Precious FEW Lot less deet49 06/27/17 10:03:30 AM
#764   European officials say they are watching carefully whether deet49 06/27/17 09:22:57 AM
#763   The Trump whisperer: Marco Rubio has the president’s deet49 06/27/17 07:48:44 AM
#762   https://www.rubio.senate.gov/public/_cache/files/3f4ed8fd-e0dc-4189-851d-8b6af87c47b6/E2AFD0C5DA1753 deet49 06/27/17 07:43:59 AM
#761   Some thoughts - since the business has to JDoggs_Money 06/22/17 02:32:35 PM
#760   of the 547k shares how much do you deet49 06/22/17 02:19:50 PM
#759   Remember this is OUR GUY Nicolas Gutierrez takes deet49 06/21/17 02:11:14 PM
#758   Update On Title Three Suspension Of Libertad Act (Helms-Burton) deet49 06/21/17 01:37:56 PM
#757   Trump Just has to enforce full weight of deet49 06/21/17 01:11:39 PM
#756   Yeah in my dream scenario, that's what I JDoggs_Money 06/21/17 01:01:28 PM
#755   Lawsuit Settlement stemming from the Helms Burton Act deet49 06/21/17 12:59:45 PM
#754   Truth of the matter is, and the reason deet49 06/21/17 12:06:36 PM
#753   Every U.S. president has routinely suspended the lawsuit deet49 06/19/17 12:25:04 PM
#752   I feel the same way. I'm thinking there JDoggs_Money 06/16/17 03:14:46 PM
#751   Trump sounded like he has something already cooking deet49 06/16/17 02:28:04 PM
#750   Rubio, Nelson to Trump: Force Cuba to pay deet49 06/16/17 09:01:37 AM
#749   Still a site of a huge (15,000 hectares) deet49 06/16/17 07:21:20 AM
#748   I also feel since Amancio sugar mill (Francisco) JDoggs_Money 06/15/17 07:57:06 PM
#747   Yeah but that only works for the corporations. JDoggs_Money 06/15/17 06:03:02 PM
#746   I Say 98% ODD's of settlement within this deet49 06/15/17 02:12:16 PM
#745   Trump Asked to Prioritize Compensations in his Cuba Policy deet49 06/15/17 02:05:36 PM
#744   Trump Hasn't Done Anything Yet...Did Cuba Just Blink? deet49 06/13/17 01:44:34 PM
#743   Free Market approach to settlement deet49 06/13/17 01:17:33 PM
#742   'This Is Dead Wrong' Market and Market Makers deet49 06/13/17 11:42:15 AM
#741   But CNN is known for being Fake News deet49 06/13/17 11:22:26 AM
#740   Cuban President Raul Castro is open to a deet49 06/12/17 12:30:44 PM
#739   http://www.bbc.com/news/world-latin-america-40231074 Mr Kavulich believes the Trump administ deet49 06/10/17 11:48:30 AM
#738   Trump to reveal Cuba policy in Miami next Friday deet49 06/10/17 11:32:38 AM
#737   All good. Thx! I'll try and keep it JDoggs_Money 06/06/17 02:58:28 PM
#736   Updated Ibox Looks Good Most Excellent dig on deet49 06/06/17 02:56:47 PM
#734   Personally I'D prefer a one time lump sum deet49 06/06/17 12:01:02 PM
#733   If 2% sales Tax achieved it would take deet49 06/06/17 11:55:56 AM
#732   Administration to Seek Compensation for Certified Claimants http://www.cubatrade.org/blog/2017/6/5/s deet49 06/06/17 11:30:06 AM
PostSubject