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Beto Sabio
Worked at Latin America Real Estate
Attended MBA, BBA University of Miami
Lives in Cocoa Beach, Florida
1 follower|168,949 views
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Beto Sabio

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Essar Global India .....  Ruias'  Business Model.   
1. Subsidiary Buys a Plant with No Cash..  75% + Financing.
2. Secondary junk additional Debt above Purchase Price.
3. Take Cash to Global Parent.
4. Operate Plant for maximum cash throw-off.
5.  Then bankrupt Plant and operations.
6. Ontario Limited (Ruias)  Buys Plant at Auction Price with unsecured Debt extinguished using Financing again.
7. Repeat  Ruias Business Model again !
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Beto Sabio

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Ontario Steel Investment Limited announced that it has signed a letter of intent with the United Steelworkers Union, Local 2251, to negotiate the framework of a purchase of Essar Steel Algoma Inc. for a total price of approximately US$900 million.
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Beto Sabio

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Arbola.     Fueros Oak from middle ages.  Center of Basque Rights and State.
Photo-sharing community. Discover the world through photos.
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Beto Sabio

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Bush jr Did Not Keep US Safe !  
The Bush - Cheney 2003 Iraq War of Choice killed Hundreds of thousands of Iraqis.  
Pro Consul Bremmer's disbanding of the mostly Sunni Army and De-Bathification of government turned Iraq into a Shia State allied with Assad and Iran, and led to ISIS. 
 
The continuing bloodshed in Iraq has contributed to the biggest refugee crisis since World War II, and the ascent of ISIS has exacerbated the outflow of refugees from Syria as well. “They are the forgotten casualties of the Iraq war. Fully one in six Iraqis (4.7 million people) fled or were forced from their homes following the U.S. led invasion in 2003, and most have not returned,” the International Rescue Committee writes. “Close to half are living in neighboring countries such as Jordan and Syria, while the remainder are uprooted within Iraq’s borders.”  
No, We are NOT Better Off ! 
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Beto Sabio

commented on a video on YouTube.
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Guajira y Son .... me voy pa Cuba a guarachar !!!!
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Beto Sabio

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It all looked so much better in 1990 when my wife and I on 35ft trimaran Mimosa were there for 30 days and met Captain Larry and his wife living in Luperon running Jungle and beach Tours.  Restaurant next to CODETEL.....  our favorite with thatched roof.

Dos Presidentes....  bien frias, por favor !

Beto Sabio

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Essar Global India .....  Ruias'  Business Model.   
1. Subsidiary Buys a Plant with No Cash..  75% + Financing.
2. Secondary junk additional Debt above Purchase Price.
3. Take Cash to Global Parent.
4. Operate Plant for maximum cash throw-off.
5.  Then bankrupt Plant and operations.
6. Ontario Limited (Ruias)  Buys Plant at Auction Price with unsecured Debt extinguished using Financing again.
7. Repeat  Ruias Business Model again !
Ontario Steel Investment Limited announced that it has signed a letter of intent with the United Steelworkers Union, Local 2251, to negotiate the framework of a purchase of Essar Steel Algoma Inc. for a total price of approximately US$900 million.
1

Beto Sabio

Shared publicly  - 
 
Ontario Steel Investment Limited announced that it has signed a letter of intent with the United Steelworkers Union, Local 2251, to negotiate the framework of a purchase of Essar Steel Algoma Inc. for a total price of approximately US$900 million.
1

Beto Sabio

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Meet Captain Jamison, who lives on KEKOA, one of his family's boat building masterpieces, moved to St. John, one of the Virgin Islands. Check out his lifestyle in this video!
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Beto Sabio

commented on a video on YouTube.
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HAPPY  BIRTHDAY Bob.........  you are part of who I am today.
Thanks, Bob

Beto Sabio

commented on a video on YouTube.
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The Spaniard who conquered Inca Empire in 1531 WasFrancisco  Pizarro,  Not Hernan Cortez !

Cortez conquered the Aztecs in Mexico !

Beto Sabio

commented on a video on YouTube.
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With Iron jenny ?
Story
Tagline
Spanish, Portuguese, and English verbal and written fluency.
Introduction
Lived and worked in Argentina, Brazil, Chile, Dominican Republic, Mexico, Peru, and Puerto Rico,  travelling throughout Latin America over many years.
Bragging rights
Sailed 35 foot sailing trimaran from Miami to Virgin Islands........ and back.
Education
  • MBA, BBA University of Miami
Basic Information
Gender
Male
Work
Occupation
U.S. & Latin America Corporate Real Estate
Employment
  • Latin America Real Estate
Places
Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Currently
Cocoa Beach, Florida
Links
YouTube