RE:RE:RE:RE:RE:RE:RE:RE:RE:AlbertamikeL2021 ...
You have two questions, so two answers:
1) The bank has already reviewed the documents. You close the loan when you pull the permit.
Before we pull the permit we are doing now the site improvement engineering. Read my old posts.
In October I signed five (5) work orders all for 100% engineered drawings, 1. drainage 2. on-site water, 3. Precise Development Plan 4. grading 5. clubhouse and parks.
2) The bonuses are recorded, they are not paid. They can come from profits in cash or dilution in shares at much higher prices. They have not been paid, simply allocated for the future.