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Re: pontalba post# 20950

Wednesday, 09/17/2008 10:41:44 AM

Wednesday, September 17, 2008 10:41:44 AM

Post# of 100627
You missed the point. It is possible BLDV is renting a plant from themselves. See my original post.


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Nightwish,

BLDV renting a plant makes sense.

I own a business. I own the office where the business is located. My business is a corporation, my building is a LLP (Limited Liability Partnership). My business pays the LLP rent, in turn, the LLP pays the mortgage. Research my corporation, you will NOT find any Real Estate owned. But I no doubt own the building.

Having 2 seperate enties makes complete sense.

It is possible BLDV is renting. I have no idea if this is the case for Moaning and BLDV, but it is possible and it does make sense.

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It is possible that BLDV is renting a plant from a different entity, an entity created and owned by Moaning and its only assest is the plant. BLDV pays rent to the Real Estate Entity.
Again, I have no idea if this is true in BLDV's case, but it is possible.

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