Matthew Cox

You're laundering money through the tax credits.

And you're pushing the money through.

Then three years later, you shut it down, reopen it after new renovations.

Transfer ownership to another company with accumulated tax loss credits and just do it again.

That's why you'll see nightclubs run for two years, shut down, reopen six months later under new management.

That's just a common device that's utilized here in the United States.

In Mexico, totally different.

Well, here's the thing.

In Mexico, first of all, there's no 2 o'clock in the morning shutdown alcohol.

There's no last call.

So they're selling all day.

Also, particularly with respect to the nightclubs and tourist areas, you know, you ever been to Cancun?

It's just spring break.

Yeah, yeah.

Every day is spring break.

You go to Cabo, every day is New Year's Eve.

I mean, it's just, nightclubs are just packed.

Like a nightclub in Guadalajara holds 3,000 people.

Clubs in Puerto Vallarta and Cabo San Lucas, clubs in Cancun, clubs in Mazatlan.

These are all controlled in Sinaloa territory.