Or another way to look at it(im trying all angles)

"A  holding company (Which most penny's are) is a  company or  firm that owns other companies'  outstanding stock . The term usually refers to a company that does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of  risk for the owners and can allow the ownership and control of a number of different companies. In the United States, 80% or more of stock, in voting and value, must be owned before  tax consolidation benefits such as  tax-free dividends can be claimed.

Sometimes a company intended to be a pure holding company identifies itself as such by adding "Holdings" or "(Holdings)" to its name."