Adaptive Medias Inc (fka ADTM)

[Dingster]

Little grasshopper
They OWN Plutusx and yes Plutusx will conduct their own business but all profits and liabilites are part of the parent company


Subsidiary - What is a Subsidiary Company and How Does it Work
https://corporatefinanceinstitute.com › Resources › Knowledge › Finance
A subsidiary is a business entity that is fully owned or partially controlled by another company, termed as the parent company or holding company.

For example..Kellogs ( the Corn flake company) has many subsidiaries and they all add to the bottom line....

KELLOGG COMPANY SUBSIDIARIES

(COMMON STOCK OWNERSHIP)

North America

Kellogg Company Subsidiaries



•
Argkel, Inc. – Delaware (DORMANT)



•
Canada Holdings LLC – Delaware



•
CC Real Estate Holdings, LLC



•
Kashi Company – California



•
Keebler USA, Inc. – Delaware



•
Kellogg Asia Inc. – Delaware (DORMANT)



•
Kellogg Fearn, Inc. – Michigan (DORMANT)



•
Kellogg Holding, LLC – Delaware



•
Kellogg USA Inc. – Michigan



•
KFSC, Inc. – Barbados



•
K-One Inc. – Delaware (DORMANT)



•
K-Two Inc. – Delaware (DORMANT)



•
McCamly Plaza Hotel Inc. – Delaware



•
The Eggo Company – Delaware



•
Trafford Park Insurance Limited – Bermuda



•
Worthington Foods, Inc. – Ohio