FAQs Archive

Q: Does MC host shareholder meetings?

MC has hosted annual shareholder meetings in the past. MC does plan to host future shareholder events (i.e., meetings, events, Zoom calls, etc.).

Q: If my circumstances change, can I sell my shares to other investors?

MC will work with investors to find another investor to sell shares to, but MC does not advise either party as to price, terms, etc. Investors are responsible for arranging the deal between themselves and the buyer. MC only prepares the documents for the transfer of interest. It is important to note that the buyer must be an accredited investor.

Q: Does MC provide yearly Fair Market Value (FMV) statements that can be submitted to an IRA?

MC can produce a statement upon request. The FMV statement will be uploaded to an investor’s portal, which the investor can then send securely to their designated IRA platform.

Q: Will the preferred return be paid regardless of income? How often will the preferred return be paid?

The preferred return is accrued and paid only from the operating income. If operating income is insufficient to pay the preferred return, it is accrued and paid first when income is available. There is no distribution to the General Partner (GP) unless the Limited Partner (LP) is current on the preferred return payments.

Q: What is the estimated depreciation expected to be reported on my K-1?

There are many factors that affect the annual tax outcome, and MC is not able to provide investors with individual estimates. An investor may consult with their CPA for an estimate using the deal Sources and Uses and Financial Projections provided in the Business Plan.

Q: Can I upload documents in my portal?

No, at this time there is no way to upload a document to your portal. If you need to share confidential documents, email investorrelations@mccompanies.com .