Our liabilities are still 3 billion.

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

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.

It's worth 5 million.

So it's a very different scenario depending on what our pre money valuation is.

Is that something that you are still invested in, that you still believe in the notion of investment?

But this matters a lot, right?

The amount of money you get.

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

So 107.84, or 107.84.

We essentially sold them at 10 a share.

Investment

That's what we started off with.

Now, who are they accountable to?

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.

So no matter what I do, between the pre money and the post money valuation, my per share value doesn't change any.

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 this is the important thing.

This is the total actual value.

Because most of you compared the price of this Big Mac to the price you're used to paying.

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

Big investors.

Investment in what?

In the private sector, when you squeeze that kind of additional value out of a fixed cost investment, it's called a billion dollar company.

We are now faced with these questions to answer.

So going back to what we were talking about, what is the post money valuation?

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

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

So the combined assets, if you believe that this is worth 5 million, is now 10 million, right?

But he said you know Nempo...

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

Let me put that.

Just Manic Enough.

Consider it a capital investment.

I want investment.

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

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.

And so after that offering, well, our pre money valuation was 30 million and our post money is now 40 million.