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Wednesday, July 28, 2010 8:31:01 PM
Hmm, I'm not sure if Mockingbird would be a sub corp. We'll have to wait and see how that unfolds. I'm theorizing that whatever Mockingbird is structurally, it needs to be separate enough from HGLC and FFGO so that they (the FFGO/HGLC/Mockingbird guys) can claim that it (Mockingbird) is a separate company (tricking people, because what they're really doing is taking money from their right hand and putting it in their left...and when the time is right they find a valuable asset for cheap and resell it for a profit, paying no taxes on this profit because they claim some form of huge irrevocable tax write off).
That's the story I'll stick with for now. I'm definitely going to follow these companies to learn how close or how far I am from the truth. I'm sure there are different ways to achieve the same goal for these companies. It's all a matter of staying on top of the press releases and hanging out with open minded forum frequenters (like yourself) who are great at digging up government documents regarding these companies. :)
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