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Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?

To: Henry Volquardsen who wrote (15907)	8/27/1998 8:57:00 PM
From: JoshinLA	Respond to of 20681

To All, All I can say is........... "Look at the fine mess we gotten ourselves into" :>) All I can do is laugh Josh

To: Henry Volquardsen who wrote (15907)	8/28/1998 8:09:00 AM
From: jlallen	Read Replies (1) \| Respond to of 20681

A limited liability company (LLC) is a sort of a hybrid between a corporation and a partnership form of entity. The LLC vehicle offers the personal shielding from liability which we enjoy as shareholders in a corporation but is generally much more flexible in terms of management, transferability of interest, tax matters, etc. The only downside I see is that LLCs are relatively new and the courts have yet to construe the law in many situations involving LLCs while there is a well developed body of law on corporations, parterships, LPs, etc. Predictability of outcomes is not as reliable. Back to lurk mode. I'm supposed to be on vacation this week. If the wife catches me on the computer I'm .............