Yea honestly at this point Ignore has been set on that guy. He's clearly a novice investor. We own Tre - Tre is an agency of LPI and owns 5% in LPI - ergo we own 5% in LPI. If we for whatever reason isolate the 5% stake to Tre's balance sheet it will still show on consolidated holding company (UCPA) balance sheet. Soooo, yea his "DD" is something.
It does clearly say that it is the target. It also is pretty clearly not promising that. And the shareholder part of the sentence means LPI shareholders, not UCPA.
The stake UCPA has in LPI is 5%, so that is 5 million, not 100 million.
Of that still hypothetical 5%, none of it has been promised to be returned to UCPA shareholders.
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