bao return to distributions

THE SOLUTION TO RETURN OF DISTRIBUTIONS

MPIF has cash of $2 Million
ADD a loan from BAO of $5 Million
Total MPIF cash $7 Million

Brookfields sell to MPIF
110 Million BAO units at 5 cents each
Total cost to MPIF $7 Million

BAO declares a special distribution to
unitholders of 1 cent per unit giving
MPIF sufficient income and adds several
millions based on NTA to its asset

WHAT IF BAO UNITS BECAME FULLY VALUED
THIS WOULD WIPE OUT THE MPIF ASSET DEFICIT