The document is a valuation report prepared by Empire Valuation Consultants, LLC, estimating the fair market value of a 25% non-managing membership interest in LDB 2011 LLC as of June 30, 2014. The estimated value is $23,000,000. The report includes detailed financial analysis, market conditions, and valuation methodologies, including adjusted book value and discounts for lack of marketability and control.
documents/EFTA01108985.pdf
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