FRAZ Francisco Sugar Company CUBA Foreign Claims Settlement Commission
Post# of 250
What is this claim worth today to the shareholders?
#'s For a Maximum Settlement
$ 52,643,438 Claim Amount
$ 3,158,606 Yearly Interest
$ 180,040,558 Total Interest (57 years)
$ 232,683,996 Total Claim Worth 2017
$ 2,780,000 Liabilities (Estimated for 2017) $50k per year from 1990 on per filing
$ 229,903,996 Total Payout before fees/taxes?
574484 Outstanding Shares
$ 400.19 Potential Value Per Share
Now note this amount could be significantly reduced based on settlement outcome.
However - It most likely will still be significant.
And there is the unknown legal fees and taxation issue to still be addressed, but we will know more when settlements are happening (if they do).