Further Non-profit Rise Therapeutics & MLHC thoughts...
To further explain this... MLHC is considered the "for-profit" entity and the "non-profit organization" entity is the "Summit Medical Compassion Center, Inc." that "owns" the company known as "Rise Therapeutics, LLC" of which has the deal with MLHC. Read the link in detail below: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145360399
Then read this below per the link below...
Important to note... MLHC is buying the products from Rise Therapeutics, LLC and they are splitting the profits 50/50 between the two companies. Rise Therapeutics, LLC will have to re-invest their profits back into the company to keep their books straight per the non-profit organization rules, but MLHC will be able to keep their profits and list them as Revenues towards generating profits for their books to be straight per the rules.
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