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Re: cigarman post# 93652

Thursday, 02/21/2008 12:39:26 PM

Thursday, February 21, 2008 12:39:26 PM

Post# of 115222
**2Things: There-is No-Option 4just a Russian 'Company'

*The real KRONG must be identified as one of the following:

1.) an OAO or OJSC (Open Joint-Stock Company)
2.) a ZAO or CJSC (Private/Closed Joint-Stock Company)
3.) an Ltd, LLC or OOO (Private Limited Liability Company)

...KRONG Can not legally exist with just the ending/structure type as 'Company' in Russia.

Next thing:
...the Term 'Affiliate' does not necessarily mean the same and have the same assurances as 'Subsidiary

...an 'Affiliate' could/may not be owned by the other party.

After all, according to S. Salnikov...Aurus ony sort-of-merged with Krong.

..."Together we learn -- Together we earn"...
2create