Replies to post #2447 on Lithium Technology Corporation (LTHUQ)

[Goldshield]

Hag, did you ever here of a tax avoidance scheme called a Dutch sandwich"?

https://en.wikipedia.org/wiki/Dutch_Sandwich or some time its called a double Irish"

How it works is, a US corporation (LTC) partners with a dutch corporation (Arch Hill) that creates a Switzerland licensing corporation (Dilo) that licenses out LTC patented intellectual property and all the licensing revenue is deposited into Dilo. Arch Hill takes the licensing revenue and buys real estate in the Netherlands and gives a portion of it back to LTC to pay LTC management salaries and expenses. Top management salaries are over $100,000 dollars and it shows up in LTC SEC filings as a "Loan" not revenue. In return return for this "Loan" LTC management issues Arch Hill shares in the company.

That's how we got two billion shares.