awaiting our legal team's final determination
The government rules are clear that to maintain SDVOSB certification, service disabled veterans must maintain majority ownership of Trillacorpe. Since I would maintain 49% ownership of Trillacorpe directly, and an additional 10% ownership through the 20% stake I was to receive in EEDG under the terms of the Merger Agreement, my legal and accounting teams both felt confident that the SDVOSB status would not be jeopardized by the structure of the proposed merger. Unfortunately, after much case study research and direct communications with several government officials, it is still not100% clear whether Trillacorpe will be able to maintain its SDVOSB status post-merger. We are still awaiting our legal team's final determination in regard to this matter which we will share in the timeliest manner possible.
