MNII is going to be huge! By law Cuban sanctions can't be lifted till claims have been resolved! Also, it looks like the AS is only 5 million not 50 million.
The run here could be the biggest we have ever seen IMO
MNII(AKA MANATI INDUSTRIES, INC., MANATI SUGAR COMPANY) a US co that was in Cuba with assets over 50 million was mentioned in article of Washington Post Dec 2015.
I have to double check the calculation but it appears with interest Cuba could owe nearly 200 million to MNII. Lawyer says 100% of any payment will go to MNII shareholders!
This could be one of the best stock plays in history if we get full payment with interest. Its only a matter of time before claims are resolved and Cuban sanctions removed. It would
be in Cuba's best interest to resolve the claims among other things to have sanctions removed against them. Their econonmy would be very well off at that point.
MNII only has a 5 million AS! The OS is probably around 2-3 million.
The value of this is exponential. We could see anywhere from $10 -$40 per share depending on if interest is paid on the money owed to MNII. By law, the Cuban sanctions cant be lifted till the claims have been resolved!