The amount of money you get.

And we also have need we're going to do some marketing, et cetera, et cetera.

Investment

Malibu Equity and Investments.

Well their intention was to take these home equity loans and put that money to work, invest it in some way.

He valued what we already had at 5 million dollars.

They're valuing these assets at 1 million.

Investing in professional development is not a cost.

As investors flee

Investing.

Malibu Equity and Investments. Roger Van Zant.

And I'll show you why that matters in a second.

Big investors.

Investment in what?

Now, who are they accountable to?

Let me put that.

Just Manic Enough.

Consider it a capital investment.

I want investment.

Those can only take funds from certain types of sophisticated investors. and what happens in Pete's fund, and this is going to be an open ended mutual fund that we're showing here, and most mutual funds are like that.

Did you know that 40 percent of the wealth created in Africa is not invested here in Africa?

And this is the important thing.

I just took the total NAV and I divided it by the shares.

So you can imagine, this is the actual amount of cash that

This is the total actual value.

Now how does that work out?

We said before any of this stuff on the top existed, the pre money valuation of just our idea was 5 million.

And so with patient capital from Acumen and other organizations,

let's say we want to raise, I don't know, we want to raise 50 million. 50 million to invest in the business and do some hard core marketing.

By the way before we go forward, this is one point I want to mention.

EBlT in this case would be the operating profit plus this investment income.

(Laughter) Here's some advice from one of the largest investors in the United States.

He invested his money in stocks.

But he said you know Nempo...

We are now faced with these questions to answer.

isn't an unwise investment.

Peter Thiel just made an angel investment of half a million dollars.

If what we had before is worth 5 million and there were a million shares initially, then the pre money valuation

And of course the pre money valuation is just you just take the pre money valuation plus the amount of cash they're giving us.

On the equity side of the equation we just have four million shares.

I ran to my computer to send it to the IMF official.

If there are investors willing to finance

And we start getting to the negotiation.

So this is my slice down here, 200,000.

That's it you are the person.