Replies to post #17881 on Sugarmade Inc (SGMD)

[akc232]

Check this out and lets give me your thoughts on if this is a potential situation regarding BizRight.

Either way, like I said there are plenty of clues that do add up to the position we are in. Imo we will see more progress moving into the next Qs like ive been saying for somtime now.

https://smallbiztrends.com/2013/03/how-to-set-up-structure-multiple-businesses.html

3. Create One Corporation/LLC with Other Corporations or LLCs Under the Main Holding Company

In the third approach, a holding company will own individual Corporations/LLCs for your multiple businesses. This scenario often comes into play for companies that are looking to be acquired. It also applies for those cases where an established company is looking to start a new business (and the established or holding company will fund the new business).