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BeerIsGood

06/02/14 3:32 PM

#5021 RE: Koren #5020

$90k in California to build a demo plant? What does that amount to? A couple bathrooms and an office?
70% ownership for an 8% loan? Don't you usually get ownership of 70% when you are an investor in a JV?
So after loan is paid, they still own 70%?