Tuesday, January 21, 2014 8:24:38 AM
Mr. Grande and Mr. Hudson are also weighing the possibility of effecting a master revenue sharing agreement; whereby, the shareholders of each of the public companies under their ownership will share in the revenue from all of the companies. Mr. Hudson said, "Mike and I are checking with our attorneys to see if [the revenue sharing] is something we can effect with minimal notification and/or filings with the SEC and with various state's securities departments. A revenue sharing arrangement would only further serve to benefit our [collective] shareholders. We must make certain that we operate within the law and in the best interests of our shareholders."
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