In response to this, the deal with SoarLabs, gave SoarLabs 49% ownership of BPPL (subsidiary of BPG).
I don't think this [49% ownership] would be reported as a liability or reported at all on a Balance Sheet?
(But I'm not an accountant)!
I understood/assumed that SoarLabs would just get 49% cut of the profits made by the Crypto Exchange once live.
Cheers
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Ann: Update on Synstream Energy Corp. Heads of Agreement, page-54
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