Solaris Power Cells Inc (fka SPCL)

[thankyou12]

I actually pulled up their bill and the DE Franchise tax calculator. The 75k is actually calculated from 10 Million Shares of stock they have stated. Pixel not SPCL states they had 10 Million shares of stock. Either way to state a number and arbitrarily make good on a 75k per year tax says a lot.

How to figure out your corporate franchise tax in Delaware:
Authorized Share Method
5000 shares or less, pay the minimum $175 tax.
5001 to 10,000 shares pay $250 tax.
For each additional 10,000 shares, add $75 to the tax total, with a maximum franchise tax of $180,000. So if your Delaware corporation has a million authorized shares, your annual franchise tax will be approximately $7,500. Typically, this corporation is better off to use the second calculation option.