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Friday, June 28, 2019 4:53:15 PM
At 25% of raised funds ($3,000,000) they'll use $1.5 million for acquisitions
At 50% of raised funds ($6,000,000) they'll use $3.5 million for acquisitions
At 75% of raised funds ($9,000,000) they'll use $5 million for acquisitions
At 100% of raised funds ($12,000,000) they'll use $7 million for acquisitions
If say $5 million is still due, they'd have to raise 75% of funds to complete the BizRight deal.
If the Sky deal still needs $8 million, for get about it. Even at 100% funding they wouldn't pull that off. They'd need another round and a whole lot of shares to shell out.
The whole K&J deal looks to be worth only $12 million. Which turns out to be the .086 as seen on page 18
As far as when shares will be issued remains a mystery. Will K&J get its first batch whenever the stock price reaches .102 thus K&J instantly dumping 34 million shares for a profit of $500,000; all while causing the stock price to drop back down. Then when the price goes back up to .102 (months later) get their next batch to dump.
Bottom line is, it's going to take months, perhaps a few more years for these supposed deals to close. Which in this new industry, time is crucial. You snooze you lose. Jimmy is out of his lane. He doesn't know what he's doing...no one on his team knows what they are doing. May all be a scam.
#latetotheparty
If you have a golden ticket in the form of 2600 acres, you'd definitely be using such acreage to your advantage. It boggles my mind that they are not touting TWENTY SIX HUNDRED ACRES to the investing public. Maybe it's all a lie. Time will time, fortunately for me, I won't be around to see; moving on to other opportunities.
One is only successful in investing if they have an investing strategy and discipline, if they are just improvising, they're wasting time and money.
#wealthisbuiltviacompounding
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