Monday, October 17, 2011 10:30:49 AM
Mortgaging a building costs about 2.5 to 3 times the amount loaned.
But lets say Brian bought a building for $200,000.00.
If mortgaged it would totally cost about $500,000.00.
If purchased out right it would cost $200,000.00.
If purchased during a sluggish economy it should appreciate substantially which means increasing shareholder equity.
If not there is only tax and maintenance,but company can easily continue without the kind of dilution that Brian does.
What he appears to be doing is syphoning off shareholder equity and it will cost shareholders $500,000.00 for Brian to take $200,000.000.But then again I am talking about how to build a real business.not running a share selling scheme.What kind of dolt mortgages a building for a start up business.I would be embarrassed to ask investors for money to create a debt that dilutes their investment on day one.And anyone buying private placements from Brian just wants to participate in the share selling scheme.
Gonna make a difference !
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