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Digital Uts Ventures DUTV
Posted On: 11/07/2013 6:49:34 PM
Post# of 17653
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Posted By: chessmite

Has anyone given any thought as to the Holding Company?

DUTV INVESTOR ALERT: Next PR will announce details of joint press conference: New products and holding co to be unveiled.


........
the following definition was intriguing

Personal holding company[edit]


In the United States, a personal holding company is defined in section 542 of the Internal Revenue Code. A corporation is a personal holding company if both of the following requirements are met:[2]
Gross income test: At least 60% of the corporation's adjusted ordinary gross income is from dividends, interest, rent, and royalties.
Stock ownership test: More than 50% in value of the corporation's outstanding stock is owned by five or fewer individuals.

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














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