No, no, let me see if I can put this together more coherently. And please tell me if I am going into left field rruff.
In some areas of the world, you can lease the property, but not actually own the land. That being the case, I don't believe you can declare the value of the property on your corporate balance sheet.
So in this case, government approval of the transfer of title of land had to be approved, before the asset could be declared on Sulja's balance sheet. How the legal mechanisms of that are accomplished I really haven't a clue.
Ok, now ducking under my computer for the reply.....LOL
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