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Microcap & Penny Stocks : Eutro ( EUTO )
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To: Porter who wrote (9938)1/7/1999 10:51:00 AM
From: Playin my Cards  Read Replies (1) of 12043
 
I took a look at the Wilkenson companies and have the following to offer as experience.

I looked at a few of the corporation's officers and events and have come to the conclusion that I can't totally jump to any conclusions at this point.

Based on what I have seen, many of the companies have been incorporated for years and not recently incorporated.

Some have been desolved years ago but still show up on "The List"

Anyone can incorporate as many companies as they want and it only costs a couple hundred $$$ and an annual filing. With that many corps, it's probably a paperwork nightmare.

My room-mate Incorporated his DJ business in Neveda (we live in MI) a few years ago and still is incorporated and he only works a couple weekends a year. He does it for liability reasons, yes you can be sued for being a DJ if someone jumps on the speakers and falls off etc... He does it to protect himself from all the sue-happy idiots out there that spill a cup of coffee on themselves and sue for Millions of dollars.

Many home businesses are incorporated and people may have multiple incorporations just to keep things seperate such as potential liability suits.

My point is that I don't think it is to strange to find out that a person in business for as many years as Floyd has, has other corporations that date as far back as 1975... including some that have been desolved. People do it all the time and it does not make them all crooks.

This does not mean I am right or wrong... just a thought.

Thats all I have to say.
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