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cyofish

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cyofish

Re: Been_Burned_Before post# 10237

Wednesday, 03/05/2008 1:04:05 AM

Wednesday, March 05, 2008 1:04:05 AM

Post# of 14027
BBB, in a round about way your explaination regarding carrying interst are no different than mine. I defined it from purley a partnership perspective.

The point is, there is no way to know what percent Victory or other owners own withut the actually seeing the operating agreement. All you know from Victory's PR is the percentage of revenue (not profits) Victory will receive.
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