Replies to post #48487 on Copper King Mining Corporation fka CPRKQ

[The Virtual Cat]

Here's a Wikipedia article on Nevada corporations:

http://en.wikipedia.org/wiki/Nevada_corporation

Anyone negative on CPRK's management would probably point to this benefit:

Nevada's laws offer flexibility to a board of directors in managing the affairs of a corporation, and permit management to put in place strong protection from hostile takeovers. It also provides extremely strong protection against piercing the corporate veil, where a corporation's owners can be held responsible for the actions of a corporation. As of 2007[update], in all of the court cases involving a corporation, in a period of twenty years, only one case has the piercing of a corporate veil been permitted under Nevada law, and in this single case the reason was because of fraud on the part of the corporation's owners.

=^..^=

[richard the Realtor]

I non-reporting pink has just about zero responsibilites legal or fidiciary.