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Re: None

Wednesday, 12/06/2017 7:50:18 PM

Wednesday, December 06, 2017 7:50:18 PM

Post# of 43654
UPZS STATES THAT THE RESTAURANT IS A WHOLLY OWNED SUBSIDIARY: It's Not

When a subsidiary is considered to be wholly owned, this indicates that all of the outstanding common stock that is currently issued by the company is in the hands of a single holding company. Essentially, a wholly-owned subsidiary is a business that is completely owned by another entity. The subsidiary continues to operate with the permission of the holding company, either with or without direct input from the controlling entity.

UPZS is in a 50 / 50 partnership in " Credo Ventures LLC "