RE:Two questions...
Re: number 1, yes that would make sense, that is true. I expect that if previous patterns with WELL repeat, we will be purchasing the remaining 47 per cent of the shares of WISP and at that point all revenues would be recorded for inclusion with WELL.
One of the knocks against conglomerates as an investment is that accounting games are played such that it is difficult to keep track of the overall profits and income of the entire corporation as well as its various divisions. For that reason, there is often a "conglomerate discount" when investors value the investment. On the positive side, if you look at Warren Buffet's success over the years, and this is our aspirational model for the conglomerate, I have no hesitation. It is not just our CEO who is making decisions re: value based acquisitions; we have a very experienced team making selective value based decisions with common themes and purposes.