OK I have a serious question.
Willy and his ICBU pump.
ICBU purchased 51% of a company for 100,000,000 shares.
EXMT retained the other 49% and on their books showed the 49% valued at $25,000. So how can ICBU show the asset of 51% at 2 million?
So other than ICBU making the company look great on their balance sheet, what are the 51% really worth. .00025 a share?
LOL I know some will say nothing, but for one company to list the asset at 2,000,000 and the other for 25,000, wtf?