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I didn't see the Investor Presentation .. was going by the OLD SCHOOL guidelines that the securities industry USED TO USE back in the 70's when I worked in the industry. Back then .. IPO's were generally ONLY done by companies that had at least 2-3 years of operating history and their audited...

His company is operating and profitable .. MSP Recovery is simply going public .. doing an IPO .. which is based on a PE Ratio of 10.5 times earnings in this case. Based on his company's current earnings .. the projected IPO valuation of existing stock is slightly in excess of $30 Billion...

That's right .. he is kind of in the situation of many diehard, passionate Canes fans. You know .. the guys who say "man if I win that $575 million dollar power ball .. I'll donate $50 million for the IPF". Well .. he is in that kind of position .. and then some with the pending IPO. He could...

There are "funds" and then there are "major funds". He does quite well financially, just bought a $25 million dollar home in Gables Estates, believe he has a yacht that cost more than the house. His "big" money is pending from taking his MSP Recovery company public. He owns 70% of the stock and...