Replies to post #1092 on Francisco Industries, Inc. (FRAZ)

[deet49]

Rapid Repricing of FRAZ asset class is long over due IMO
the scent of settlements are in the air
where you in SECI as well?

this is my favorite case that will set the tone for valuation on this type of asset class

Lawyers for the plaintiffs at Kozyak Tropin & Throckmorton based the $792 million damages estimate on Banco Nuñez’s $7.8 million worth at the time, plus 6% annual interest and triple damages under the Helms-Burton Act, a 1996 federal law.

https://www.reuters.com/article/us-societe-generale-cuba/societe-generale-sued-for-792-million-by-heirs-of-cuban-bank-seized-by-castro-idUSKCN1U52PD

if we apply this math to FRAZ
we get apox. $B 1,780,000,000 = about $3098. per share
without trebling / with trebling multiply by 3


FRAZ NOT IF BUT WHEN .... https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152486411
SCGLY

[deet49]

Date: Saturday, March 7th, 2020
Time: 2 PM – 5 PM (Eastern)
Location: Cuban American Memorial at Tamiami Park
11201 SW 24 Street (Coral Way), Miami, FL 33165
https://babalublog.com/2020/03/05/trump-campaign-to-hold-pro-liberty-anti-socialism-rally-in-miami-at-the-cuban-memorial/

FRAZ Not If But When...