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08/22/21 12:31 AM

#1112 RE: Phaedrus77 #1111

I took into account $6M per year
For accounting & legal plus I
Have the trust and not the
Manager pay the sec fine and the
Lawsuit settlement 100 percent
Out of pocket. I also expensed
16M per year for management
Services of a trust with lower
Asset amount and no financials.
The only thing to explain could
Extremely high expenses somewhere
And there is a limit to legal
fees with no iou from other udf
Entities offsetting them.