We are forming a JV...where we had none before. We had no revenue in Chase...now through the JV...we will own half....but without shareholder dilution.
We are not taking existing properties and giving up half the revenue.
We build it...we run it...they finance it.
We are giving up 50% of revenue and 100% of dilution. We still have the same number of shares...but will have half the profit.
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