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Re: SooS416 post# 123549

Friday, 11/01/2019 10:02:38 AM

Friday, November 01, 2019 10:02:38 AM

Post# of 163972
From Investopedia: "Under US GAAP, the financial accounting treatment of minority interest requires that it be recorded as (...) part of the equity section on a consolidated balance sheet of the parent company to reflect non-controlling shareholders' claim on assets".

Which is exactly what Greg has been saying. All the profit goes to Vystar, and minority shareholders will be compensated if Rotmans is sold according to this equity line.
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