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  4. Trans-Pacific Aerospace (TPAC) Message Board

It depends on whether they are a "wholly owned sub

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Post# of 22940
Posted On: 03/17/2016 11:07:40 AM
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Posted By: SmallTime4Now
Re: traderpie #5272
It depends on whether they are a "wholly owned subsidiary" or just a subsumed entity. Since they were acquired in 2010, you might have to go back and read those fins if interested. I think they are just a named entity with no assets or revenue, a holding company (LLC) as a buffer zone for trading and protection, would be my guess. I believe that entity is just a place to park shares. If I remember correctly (and I could be wrong about this), as the spouse of Bill, NOT a named employee, and the head of another "company" she can trade shares without filing paperwork, just as you and I can.


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