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Wednesday, November 03, 2021 3:57:37 PM
First, the revenue that is recognized by BW will go toward paying the bills. That is, the run rate, or how much it takes to keep the doors open each month. IF there is revenue left after paying the expenses, as well as any loans that were taken out to get the business running, then what is left is called profit.
NSAVV gets 51% of the profit, if there is any.
A holding company doesn't earn money - the companies that are held make all the revenue, and pay their bills. NSAV will only see money if the 'held' company is profitable.
IT has absolutely nothing to do with how much the 'held' company 'processes' in a given day.
Until we see BW's financials, we don't know if they are profitable or not.
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