How true do you think this is? Public Limited Company the terms PLC is used for intent on taking the company public on a stock exchange. For a the Ltd or Limited company it is for private ownership not publicly traded. So I wonder if they intend to take GREW Energy PLC public on the Ireland AIMS stock exchange?
Public Limited Company (PLC) A Public Limited Company is used in circumstances where it intends to seek a listing on the Stock Exchange or where a major Business Expansion Scheme is being formulated; Unlike Private Limited Companies, there is no restriction on the number of shareholders. A PLC must have a minimum of two directors and cannot dispense with the holding of an AGM. It must have a minimum issued share capital of €25,000. The name of the PLC must end with the suffix ‘Public Limited Company’ or ‘PLC’.
Company Limited by Shares (LTD) A Company Limited by Shares (LTD) is a new model form of a private company. The LTD company type may have just one director, but in that case, must have a separate secretary appointed. The company may have between 1 to 149 members and will not be required to hold an Annual General Meeting. It can claim audit exemption if eligible and it can pass both special and ordinary majority written resolutions. The name of the company must end in the suffix ‘Limited’ or ‘Teoranta’.
Company Types available in Ireland A Limited Company is considered a separate legal entity from the individuals involved in the business. A Private Company Limited by Shares is the most common form of incorporation for people to start their business in Ireland. Check below for more information on the different types of limited companies you can set up.
Company Limited by Shares (LTD) Designated Activity Company (DAC) Company Limited by Guarantee (CLG) Public Limited Company (PLC) Unlimited Company Limited Liability Partnership (LLP) Societas Europaea Company (SE) Non-Residents may wish to register a Branch of their existing company in Ireland, which we can assist with. Irish Residents can register their business as a Sole Trader / Partnership as an alternative to a limited company.
You still in this one? I am holding for the updates. May start adding to my position. Nice moves on mdrm. Gave up on that stock and after 9 months of holding I regret selling 3 weeks ago.
At some point management will make decisions on green world. I was hit w $7500 in bills short term so in July I may load up more here. Hoping to pick up 250k more if the price is right. Under 1 cent.
Also PSPW 10K is due 7/1/2015 which may shed some light about Greenworld and 3power partnership.