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Re: None

Thursday, 04/21/2022 3:02:37 PM

Thursday, April 21, 2022 3:02:37 PM

Post# of 11018
Does anybody have any idea / guess how much the current build (Rolling Dunes) closing next month will directly hit the $MSTO bank account? We have a figure but don't want to give it up yet without feedback from others.

Ok we changed our mind ~ here's our guess

$4,250,000 Sale (reported escrow)
- $1,850,000 cost (land & construction)
__________
$2,400,000 initial profit
- $425,000 closing (slush against the cost)
__________
$1,975,000 balance
- $987,500 (50/50 other LLC distribution)
__________
$987,500 balance
- $296,250 (CEO Josh 30% of share distribution )
__________
$691,250 balance (SBQ 70% of share distribution)

Do the math how does our numbers stack up??