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Gold/Mining/Energy : T.ITE: iTech Capital (TSE) -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (4870)11/25/2000 3:28:00 PM
From: ralfph  Respond to of 5053
 
Thanks for the imfo Marcos.
I thought the money could move around if the company was privately owned but was seeking confirmation. :-)
Gotta run
ralfph



To: marcos who wrote (4870)11/25/2000 8:48:09 PM
From: WhatsUpWithThat  Read Replies (1) | Respond to of 5053
 
Enviromation is 100% owned, they can do anything they like with the revenue

I think Ralph was asking about cash, marcos, rather than revenue? Cash generated in a company belongs to that company, can't just be pulled out of Enviromation's bank account and dropped into ITE's willy-nilly. I mean, there are many ways they can effectively get the cash, but it has to be some transaction even with a wholly-owned subsidiary.

Maybe I'm nit-picking?

Cheers
WUWT


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