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Grande25

11/23/08 12:04 AM

#31160 RE: Mr Wizard a1a #31159

Are you okay, Mr. Wizard? Global Detector sales representatives has said the Global Detector is a subsidiary of Paradigm Tactical. Paradigm Global is a division of Paradigm Tactical. I understand, you are an inventor... maybe more inclined to the technical aspect of the product. So, the hierarchy of organizational structure may be obscure to you.

"So, where does it say Paradigm Global owns Global Detector?"

I hope you will be educated by the following from Wikipedia on how subsidiaries may fall under a division of the parent company...

Wikipedia:

A subsidiary, in business matters, is an entity that is controlled by a bigger and more powerful entity...

Subsidiaries are separate, distinct legal entities for the purposes of taxation and regulation. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally or otherwise distinct from it.