Well it's an interesting question for sure and one
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Posted On: 02/28/2022 2:51:32 PM
Re: SVENoftheNORTH #1484
Well it's an interesting question for sure and one I certainly don't have an answer to.
It seems to me like the easiest thing to do would be to retain the name of Energy 1 with separate businesses underneath that each have their own names and managers, with revenue flowing to the parent company. Then for disclosure documents, nothing really needs to change. I guess it depends then on how far they went with the China Yicheng Technology name, though I guess that could be a subsidiary of Energy 1 too.
I'm not a corporate structuring specialist but I could look to some established conglomerates out there where the name of the parent company might not be a household name but the companies that make up their divisions are.
It seems to me like the easiest thing to do would be to retain the name of Energy 1 with separate businesses underneath that each have their own names and managers, with revenue flowing to the parent company. Then for disclosure documents, nothing really needs to change. I guess it depends then on how far they went with the China Yicheng Technology name, though I guess that could be a subsidiary of Energy 1 too.
I'm not a corporate structuring specialist but I could look to some established conglomerates out there where the name of the parent company might not be a household name but the companies that make up their divisions are.
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