Great post.
In a company that interested in being upfront and honest with it's shareholders,all these details would be fully transparent.
Not virtually impossible to find.
Is the Company carving out opportunities for Management to take advantage on a personal basis of vs capturing these under the Corporate umbrella?
We don't know!!!!
How isn't Full Circle Diabeties already not violating that covenant with the shareholder. Why shouldn't that be a division or subsidiary?
What,an employee gets to set up a company and enrich herself through fruits of the corporation? Huh....????
"I'm guessing you, and maybe a few others, might not be completely satisfied with that information.
We don't know if it applies to DD LLC, but the creation of subsidiaries the extent of the parents ownership of which is unknown (as appears to be the case with at least some of DECN's subs) acts to shield shareholders from essential information regarding the company's actual assets and investments. The creation of multiple subsidiaries without clear identities and functions just clouds up the corporate waters. (Ask yourself why one needs to create a subsidiary to manage "an inventory credit line to finance inventory purchases of our Genstrip 50 and GenUltimate! products"). It's not necessary and when an SEC filer does it and they get that agency's attention they get asked questions by that agency about it. I don't know if that was one of the considerations management and the Board of Directors had in mind when they filed their Form 15 to get out from under their SEC reporting obligation, but it had that effect. OTCMarkets doesn't care about such things."
Scoop
