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Re: Claypool Reservoir post# 6650

Thursday, 02/10/2011 4:18:09 PM

Thursday, February 10, 2011 4:18:09 PM

Post# of 7698
Clay - I was incorporated in DE through 2006 for 10 years. I had a S-Corp for my consulting business. The state filings are merely for the right to do business in DE as you are incorporated there.

The annual filing fees on average were $400-$500. I'm sure they are charging the corp a penalty, but in all honesty I can't see this being more than a couple thousand dollars to bring the corp current.

I don't think this is an issue in the grand scheme of things financially. It's more a matter of bringing the shell current prior to RM.

Ace

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