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Re: ImOnABoat post# 454

Sunday, 11/14/2021 1:08:23 PM

Sunday, November 14, 2021 1:08:23 PM

Post# of 553
Hey Boat, first of all, I mistakenly Posted my info was from an 8K when I meant 10Q. (sorry about that) I am probably confused about all the differences between ownership percentage and equity interest, but here goes. The 10K states (on page 3 under Overview) that we have 30% ownership of JG and 60% ownership of Apollo, then when you go to page F-6 (under Basis of Presentation) it just says 10.6% equity in JG and 30.1% equity in Apollo. The last 10Q (and the ones before it under Basis of Presentation) speak only of the equity interest in JG (now at just 10%, down .6% ) and Apollo at 30.1% (unchanged) The 10Q'S make no mention of ownership position only equity. So my question becomes this, am I just confused on the difference or is there a shift going on. Thanks Boat, this is far more in your wheelhouse than mine. Hope all is well Partner.
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