Essentially clients have lost their funds. We have managed to buy back the building from the bank at a fraction of the cost, and will proceed with a turnaround strategy. We are partnering with Triple Double on this. All the profit that Orbvest makes will be paid to investors of Med 12. Depending on the exit, between 40 and 60 cents to the $. This will only take place in about 5 years though. As per the communication that went out and the webinar that was held.
Med 12 Update (Latest 09/09/2024) Print
Created by: Melanie Forde
Modified on: Mon, 2 Sep, 2024 at 4:59 PM
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