InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,751.07
(
0.90%
)
US TECH 100
19,478.10
(
1.11%
)
Dow Jones
42,352.75
(
0.81%
)
Brent Oil
77.97
(
0.21%
)
Bitcoin
62,060.80
(
2.16%
)
Post# of 44486
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Carsmax177

Send PM Follow Ignore
Followers 19
Posts 932
Boards Moderated 0
Alias Born 11/23/2014

Carsmax177

Re: tonyo524 post# 43275

Monday, 11/14/2016 9:44:14 PM

Monday, November 14, 2016 9:44:14 PM

Post# of 44486
Agreed on the first point, they cannot sell shares because no valid business license nor can the parent company do business.

Xun Oil Marketing is a separate operation, but Xun Energy is the parent company. The parent company exerts control over the subsidiary, but they are two separate entities.

http://smallbusiness.chron.com/relationship-between-company-its-subsidiary-14696.html

Agreed on the second point about suspension and I concede that point.

The fault-finder will find faults even in paradise. -Henry David Thoreau

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up