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Re: mcokpba post# 111817

Sunday, 12/21/2014 3:14:59 PM

Sunday, December 21, 2014 3:14:59 PM

Post# of 118239
Yes, below 50% is a minority interest and hence not public. RCCH would not consolidate the private company's revenues, assets, liabilities, etc.

It would be recorded as an asset/equity investment on the balance sheet of RCCH and its value would be measured quarterly.

As of the most recent financial statement, there was none, only the designation that it was the 2nd year as a start-up.

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