Magnis Makes Strategic Investment in US Group C4V
US 'Group' eh??
Sounds Large.
Charge CCCV LLC still working out of Room 2226, a Start-up Suite on Binghampton Campus.
Registered as Domestic Limited Liability Company, a suitable choice for small start-up businesses, no shares, just members:
View attachment 1037785
What is a limited liability company (LLC)?
"A limited liability company (LLC) is an unincorporated business organization...The owners of an LLC are 'members' rather than shareholders or partners."
Do LLC's have Stock & Shareholders?
"Even an LLC that is taxed as a Corporation cannot have a stock program. So, if you are wondering 'does an LLC have stock?', the answer would be 'no'. Simply put, an LLC does not have stock because the owners are members and not shareholders."
Magnis Chairman Frank Poullas said:
"We are delighted to become a significant shareholder in C4V."
Delighted maybe, but not actually a shareholder.
Wonder if Charge CCCV LLC will update it's
Operating Agreement to reflect 10% interest?
Or is Frank content to be a '
significant shareholder' in a company with no shares?
Interesting that announcement in stark contrast to soothing 2017 AGM reportage regarding binding IP agreements:
https://hotcopper.com.au/posts/29512958/single
"SHQ: Regarding the formal/legal/IP status of our relationship with C4V.
FH said that Magnis Resources and Charge C4V have signed a binding ‘reciprocal IP agreement’. "
Though good to see existing Charge CCCV LLC members receiving upfront cash payment of US$2M from MNS. Wonder if they will buy equipment, shares in MNS or just keep the money?
Remaining
Appendix 3b for Equipment CR out same day.
What is happening with 3rd party funding for Imperium3 NY?
Why no outside backers for the bone battery?
Wasn't Imperium3 partner, Boston Energy, responsible for 'global consortium' capital raising?
Global Consortium??
Sounds Large.
Imperium3 NY able to squeeze into same Room 2226 on Binghampton Campus as Charge CCCV LLC.
View attachment 1037794
(20min delay)