Can someone please explain the difference between a Business Development Company and a Development Company.
Thanks inadvance.
I'm thinking PHGI can't be in operation because it's a development company. You know just like a BDC.
All they own is real estate.
The Opp land, the radio station, the mine. All real estate. Everything on the real estate that isn't operating is called a worthless asset on the books. Check GAPP.
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