Ann: FBR General Meeting Presentation, page-223

I think you’re spot on spook. It makes perfect sense that a block supplier supplies the blocks to waas entity and funding, fbr provides the tech and Weiner provides the manufactured units and servicing.

alternatively, builder provides the construction projects and funding to the waas entity, fbr the tech and Weiner the manufactured units and servicing. In this situation, a preferred block supplier would be used but they would not provide the funding, nor would they share in the waas entity operating income.

in both instances, there us strong alignment between all waas parties. The strengths of each partner contribute to the overall waas entity success which us self reenforcing. Waas wound be geographically defined by state though rather than USA as one entity. Waas should be at state by state level