Exactly dss19!! The 5 Million Preferred Shares were issued on March 31st. Does that mean they were in the possession of 1094 Military Trail LLC on the Same Day?? Does it also mean that was the last thing that had to happen??
That is why the "Balance Sheet" baloney is a bunch of BS. You would not issue the shares and put the Building on the balance sheet all in the same day. That is nonsense. Complete distraction.