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Re: integral post# 170947

Tuesday, 01/12/2016 9:22:39 AM

Tuesday, January 12, 2016 9:22:39 AM

Post# of 187251
You hit the nail on the head:

If the public company does business with the private company that is a related party subjects the private company to be audited along with the public company in order to identify potential conflicts and fraud.



My best interpretation of all this is that Kent's privately owned LLC has the technology and personnel that conducts whatever business (if any) is being marketed to the insurance companies. TDEY purchases those services from Kent's LLC. Notice that the TDEY financials include 0 salaries and wages but a nice "management fee."

Who determines the price of what ORT LLC sells to TDEY Inc? Why I guess that would be Kent. Owner of the LLC and CEO of the Inc.

Slick.