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Re: .00001 Trader post# 56152

Saturday, 11/22/2014 7:07:57 AM

Saturday, November 22, 2014 7:07:57 AM

Post# of 132364
They basically wanted a shell IMO. I never really understand this why this happens all the time as one of my companies are incorporated and although there are some costs, its not that big of a deal. So why would they just not turn their LLC into a corporation and start off new. Maybe its how they have the share structured and possibly time being inc. lets you do things differently then if you just started a new company.

When I got inc, I ask for my share structure to only have 10,000 shares, maybe if I asked for more being a new company I could not get billions like they can. Or maybe it takes x amount of time to be able to sell shares??? I own all my 10,000 shares and basically I am a pvt company as I do not plan to sell my shares, did it because of tax incentives at time. And off topic if I decided to increase my shares and dilute, my company would stand up much better number wise then LHPT, revs, pretty good Profit, lots of assets etc. I also already do financial reports also both quarterly and yearly audited by a certified accountant. Its good to have a family member that is a accountant.

So much to learn about this new company and the deal itself, as I just do not see it being a great thing for the healthcare company, maybe the old LHPT shell will do better down the rd because of it.

E-A-G-L-E-S Eagles