Pure horse-twaddle.There IS NO "CRESENT CONSTRUCTION COMPANY"!
There is only the "TCA CRESENT CONSTRUCTION COMPANY, LLC".
I'm not going down this swamp-pit again, but here's the Operating Agreement explaining TCA's rights (now the TCA Fund Receivership's rights) and IHSI's rights.
TCA Fund Receivership now owns all the Class A shares, which have all the power over the future of the Company.
IHSI only has Class B shares which effectively makes them just a passive investor.
I could rip apart that operating agreement and show that IHSI will never "OWN" Cresent (there is none), but I really don't care that much. Maybe another time.
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