InvestorsHub Logo
Followers 0
Posts 2
Boards Moderated 0
Alias Born 10/02/2021

Re: None

Tuesday, 05/03/2022 10:58:53 PM

Tuesday, May 03, 2022 10:58:53 PM

Post# of 19686
Someone said this is dead. But it's not. Worthless yes, but not dead. I was told by a rep at Fidelity that if it were dead we could just get rid of it from my account. Instead, because the jackwad principals made a $100 trade to the tune of millions of shares in late '21 the fiduciaries have to treat it like it's real. And cannot simply erase it. I recall as this scam was winding down they moved the business to Delaware from Florida. Delaware might have above board benefits for some companies but I would guess it's a great place to hideout. You don't need a business license, or list the owners, or have an address, or live there, etc... From Market Watch:
https://www.marketwatch.com/story/americas-indulgence-of-corporate-secrecy-like-delaware-llcs-makes-it-harder-to-squeeze-putin-11646149552

"Ironically, much of this wrongdoing has been fostered by President Joe Biden’s home state of Delaware, the overwhelming destination of choice for out-of-state business registrations. Delaware has more registered companies (1.6 million) than residents (fewer than one million), and it is easier to set up a business there than to get a library card. No ID is required. No owners need be identified."