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Francisco Industries, Inc. (FRAZ)

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Moderator: deet49, JDoggs_Money
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Last Post: 9/11/2017 9:13:53 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
#802   Cuban dissidents in electoral challenge as Castro era deet49 09/11/17 09:13:53 AM
#801   165 Days Remaining For President Castro deet49 09/11/17 09:11:01 AM
#800   3 Days Until New OFAC/State Cuba Regulations deet49 09/11/17 09:09:06 AM
#799   President Trump: Continuation of the Exercise of Certain deet49 09/11/17 09:06:57 AM
#798   The Cuban opposition movement will try to register deet49 08/30/17 09:30:59 AM
#797   Good News either way ... deet49 08/23/17 12:37:27 PM
#796   I don't think I ever stated this, but JDoggs_Money 08/23/17 12:15:33 PM
#795   when Nick says We are obviously exploring any deet49 08/23/17 10:59:29 AM
#794   23 Days Until New OFAC/State Cuba Regulations http://www.cubatrade.org/ deet49 08/22/17 02:00:31 PM
#793   In Surprise Move, OFAC Removes Almost 5,000 Cuba-Focused deet49 08/22/17 01:58:29 PM
#792   191 Days Remaining For President Castro deet49 08/16/17 10:26:38 AM
#791   Don't watch other one anymore, but very interesting. JDoggs_Money 08/15/17 02:11:39 PM
#790   Based on the Quantities of this and the deet49 08/15/17 02:09:44 PM
#789   Literally no other. only a hand full sold deet49 08/15/17 01:58:45 PM
#788   Oh yeah, good call. No other reason someone JDoggs_Money 08/15/17 01:50:50 PM
#787   Market Makers Smile when a bad trader in deet49 08/15/17 01:48:57 PM
#786   Good News for us https://www.youtube.com/watch?v=rY0WxgSXdEE deet49 08/15/17 01:05:53 PM
#785   Interesting action today... someone selling out a big JDoggs_Money 08/15/17 11:33:43 AM
#784   Hi, Here's a quick response from Nick via email JDoggs_Money 08/12/17 11:18:07 PM
#783   33 Days Until New OFAC/State Cuba Regulations deet49 08/11/17 10:38:12 PM
#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
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