Replies to post #52328 on JB and ZJMY Holding Co (JBZY)

[shibainu12345]

Delaware has the best corporate laws in the Country especially for international companies. In my opinion. Most corporations are incorporated in DE.

[BeamMeUpScotty]

I believe its the tax position. Delaware seems to attract a lot of foreign companys to register in that state. Or attracts a lot of US companies because of the tax position. The competition seems to be between Delaware and Nevada.

See the link I've posted below:

https://www.bizfilings.com/toolkit/research-topics/incorporating-your-business/why-incorporate-in-delaware-or-nevada

It compares Nevada and Delaware corporations and their advantages etc.

I'd not be surprised if DOLV structured itself as an offshore company. After all if it's good enough for Apple and several other very large companies to minimise their tax position, then I'm sure that kind of corporate structure is god enough for DOLV.

Especially when you consider what seems to be about to be reversed in. I wonder if they might eventually spin off each subsidiary with a separate listing, maybe spinning them off into a new OTC shell company (as OTC is a sub market of the main NASDAQ exchange), then waiting till they have done their one year on OTC and uplisting them all to NASDAQ and shareholders in DOLV getting free shares in the new listed company. BUT I'm purely guessing.

It could easily play out that way. We just have to wait and see what the first financials say then we will have a better idea.

I'll guess that we have to really READ all of the report though - I think they will only tell us what's really going on in the notes to the accounts.

Just my views on a Saturday afternoon.