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Wednesday, 04/30/2008 2:27:27 PM

Wednesday, April 30, 2008 2:27:27 PM

Post# of 853
Interesting to know that YAGI is in the Cayman's

From YAGI-related filings:

"YA Global, a Cayman Islands exempt limited partnership"

Moving monies from American investor/traders in American companies on American Stock Exchanges into Cayman Island accounts.

http://www.offshorelegal.org/offshore-corporations/cayman-islands-corporations-incorporation/diversified-companies-and-asset-management-in-the-cayman-islands.html

"Companies incorporated and/or established in the Cayman Islands have diverse interests in that they are holdings companies with investment assets around the globe. ....

While other companies are incorporated in the Cayman Islands for particular reasons, the majority are incorporated to fully utilize the island’s regulations on foreign investors, taxation system and the absence of exchange control.......

The Cayman Islands offer what is probably the best asset management compared to other offshore finance services locations mainly because tax exemption covers practically all areas, from income, capital gains, gifts and estate......

Asset management in the island is likewise favored by most foreign investors because they are inclined to increase their profits and earnings because of the absence of stern taxation regulations in other countries, specifically their own.......

.....with Cayman Island’s finance services, the pros far outweigh the cons."

Interesting.

jonesie

Yorkville / Cornell Tracking Board #board-9964


"I can think of no more valuable commodity than information"

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