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Posted On: 11/20/2022 8:59:58 PM
Post# of 13627
Re: ThreeEmInEn #3433
Let me help with comprehension
The company simply decided they no longer had any future plans for the two subsidiaries and no longer worth carring them.
Which is a very sound business decision if you are transitioning your business plan to a distributor of FoxEss products and manufacturing and selling your own brand solar panels.
Quote:
2018
Bella Electric, LLC and Sun Pacific Security Corp. have generally ceased operations, but we maintain the subsidiaries in case we find opportunities to relaunch our operations.
Quote:
2022
Bella Electric, LLC that in conjunction with the Company operated our electrical contracting work. Bella Electric, LLC is a Pennsylvania limited liability company. The Company also formed Sun Pacific Security Corp., a New Jersey corporation. Bella Electric, LLC and Sun Pacific Security Corp. have generally ceased operations and we are in the process of dissolving both legal entities.
The company simply decided they no longer had any future plans for the two subsidiaries and no longer worth carring them.
Which is a very sound business decision if you are transitioning your business plan to a distributor of FoxEss products and manufacturing and selling your own brand solar panels.
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