druggie do your DD and report back with facts and
Post# of 12452
the answers to the questions, below, will help you with your due diligence
find out who the "limited" shareholders are of the foreign private company.
find out if Snpw owns "more or less than 50%" of the foreign private company's shares. in other words, is Sun Pacific Power Australia Pty Ltd a Controlled Foreign Corporation (CFC).
find out if any if any individual shareholders own 10% or more of the foreign private company's shares
find out why it is NOT a Snpw wholly owned subsidiary
Karma sent me the answers if you need any help.
in my opinion
cheers