Trying for questions n not statements of facts.
What is such a business play officially called?
Maybe a 'Fang Dango'?
Old days, that was a new 'dance'!?
Would it have been easier n cleaner IF QBL had created MCL as 'arms length, unattached' entity to be an ASX listed P/Co' n got selection of ' investors' to LOAN (convertible debentures!? ) all establishment fund$, repayable with interest, in 24-36 months up to IPO... n QBL had irrevocable agreement to buy into MCL (listed on ASX)(for cash!!) as majority investor share-holder AND also set up a (100% QBL owned
(specialist Management P/L Company) with irrevocable 10+10 year Management Rights agreement for ALL MCL new business.
Would that have been less confusing to regulators, ASX n all investors n share holders!? NON threatening to QBL ...
the Miner.
New MCL P/Co + QBL MCL (Management) P/L would be NEW stand alone entity n assets, with own intellectual and hard assets, separate funding, operating costs, shareholders, staff, R&D subsidies, Depreciation benefits and contingent liabilities accumulation?
Would be VG extra assets in a new asx/ P/Co.
Other listed P/Cos in the 'Hemp etc' industries are NOT all positive performers.
Many to compare.
