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Re: actofwill post# 1032

Thursday, 07/01/2021 3:54:53 AM

Thursday, July 01, 2021 3:54:53 AM

Post# of 1944
The SEC was insisting on quater to quarter audited financials until
2018 and UDF IV was proposing reports starting from 2018. the issue
is that by 2018 there is an actual value of the Buffington loan, so
value is pretty clear. proper reserves would be a discussion, but
when debts are miniscule its less of an issue.
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