Replies to post #33229 on Bayside Corporation (BYSD)

[Spartanfan1]

Prove it.

[profithigh]

"A company whose common stock is 100% owned by another company, called the parent company. A company can become a wholly owned subsidiary through acquisition by the parent company or spin off from the parent company. In contrast, a regular subsidiary is 51 to 99% owned by the parent company. One situation in which a parent company might find it helpful to establish a subsidiary company is if it wants to operate in a foreign market. This arrangement is common among high-tech companies who want to retain complete control and ownership of their technology.

Wholly owned subsidiaries allow the parent company to retain the greatest amount of control, but also leave the parent with all the costs and risks of full ownership. When a lesser number of costs and risks are desirable, or when it is not possible to obtain complete or majority control, the parent company might introduce an affiliate, associate or associate company in which it would own a minority stake."

http://www.investopedia.com/terms/w/whollyownedsubsidiary.asp

How do you know bayside didn't offer to support a spinoff for ATMs and Vault51 and support the costs of business for bitcoinzusa? Do you know the terms of the acquisition? If so please leave a link and let us all know the terms.

Some more info on wholly owned companies

http://education-portal.com/academy/lesson/wholly-owned-subsidiary-definition-advantages-disadvantages.html#lesson

There ways that a deal can work with the acquisition than purchasing. There can be milestone payments, notes, warrants, etc.

Please inform us of the details of the deal, if you know them.