The Soapbox

VaTechie

Joined: 02/10/1999 Posts: 5181
Likes: 5164


MMM, sounds like Delaware understands ...


Delaware has been the cheapest state to incorporate forever because it is a small state and needs this revenue generator.

IMHO, I suspect Delaware is more concerned with revenue thus allowing anonymous shell companies.

Is there a reason for this? Let us say a Walt Disney wants to buy a bunch of swamp land to build a Disney park but does not want anyone to know that a single entity is trying to buy up land because the price of land will go up.

So you go to Delaware, create a few of these companies, and let them buy up the land.


(In response to this post by Hoepner)

Posted: 07/18/2017 at 4:50PM



+0

Insert a Link

Enter the title of the link here:


Enter the full web address of the link here -- include the "http://" part:


Current Thread:
 
  
Eighth man at the Junior meeting has been identified -- wahoo138 07/18/2017 1:53PM
  Uh oh. Now the FBI has money to follow. ** -- HowieT3 07/18/2017 6:14PM
  What, your pencil? ;^) ** -- Freddyburg Hokie 07/18/2017 4:51PM
  $800 million is good money ** -- KCHoo 07/18/2017 3:38PM
  Eight is Enough? ** -- Tuckahokie 07/18/2017 3:30PM
  More like the Hateful Eight ** -- WahooMatt05 07/18/2017 5:35PM
  Great and surprisingly au courant line from Mr. Kaveladze -- southdenverhoo 07/18/2017 2:21PM
  Ha, I was about to post that same line. -- WahooMatt05 07/18/2017 3:25PM
  MMM, sounds like Delaware understands ... -- VaTechie 07/18/2017 4:50PM

Notice: Trying to get property 'queue' of non-object in /data/www/sportswar.com/wp-includes/script-loader.php on line 2781

Warning: Invalid argument supplied for foreach() in /data/www/sportswar.com/wp-includes/script-loader.php on line 2781
vm307