Given the absence of a public trading market of our common stock, and in accordance with the American Institute of Certified Public Accountants Accounting and Valuation
Guide, Valuation of Privately - Held Company Equity Securities Issued as Compensation, our board of directors exercised reasonable judgment and considered
numerous and subjective factors to determine the best estimate of fair value of our common stock, including independent third - party valuations of our common stock; the prices at which we sold shares of our convertible preferred stock to outside investors in arms - length transactions; the rights, preferences, and privileges of our convertible preferred stock relative to those of our common stock; our operating results, financial position, and capital resources; current business conditions and projections; the lack of marketability of our common stock; the hiring of key personnel and the experience of our management; the introduction of new products; our stage of development and material risks related to our business; the fact that the option grants involve illiquid securities in a private company; the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our company given the prevailing market conditions and the
nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic outlook.
The adventure: Your thrilling adventure will start at Bongkasa Village, near the white - water rafting venue, and after you have accustomed yourself to your off - road bike, you will head off on a
guided tour where you will encounter
numerous sights of
nature such as: magnificent scenery and local wildlife, winding waterways, tracks between rice paddies, and a traditional Balinese village that is home to just 80 families.
There are
numerous trails for independent hikers and bikers and, although harder to come by after the summer months, eager
guides who will lead
nature walks and instructional sessions throughout the park.
A
guided tour of the Bimini
Nature Trail is a must, offering
numerous chances to explore the variety of endemic animals, including the Bimini Boa, and fascinating plants species.