RE:RE:RE:RE:Ownership BreakdownAs I understand it:
DOCC owns 19.9% of AGRA and owns 20% of Agra's 50% share of the Delta 50/50 joint venture (collectively known as Propagation Services Canada Inc. or PCS) :
Thus
Agra owns 40% of the facility
Houweling maintains ownership of 50% of the facility
DOCC owns 10% of the facility (20% of AGRA's ownership plus 19/9% of AGRA's shares) on completion of the $40 million transfer of funds toward the project.
This is my understanding of how it has been financed in additions to the monies spent prior to the agreement.
Monsanto's is a good example of the ownership of genetically modified seed production.