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09/12/19 1:15 PM

#587693 RE: dmceng #587688

dmceng, for beneficial ownership participation of the income stream, it would depend on the percentage of ownership of said certificates/trusts. Dmdmd2020’s numbers are based on facts and Government filings, BUT the percentage of ownership could vary from five percent (unlikely) to 100 percent so for an average I think he used a very low 15 to 18 percent if I am not mistaken.