Happy Thanksgiving everyone.
First I want everyone to understand that AUDIA RESOURCES is NOT a Club. It is a COMPANY designed to provide Membership instead of offering Stock and or Shares. An LLC is a Private Company and by offering Membership AUDIA RESOURCES does not have to file papers with the S.E.C. or the Federal Government which includes the I.R.S.
It is up to the Members to do what they want to do when they file their Income Tax.
With an LLC the LLC can offer any amount of Membership Certificates it wants and at any price at any time.
The Laws that govern an LLC are quite different that a regular Corporation.
For one thing Members CANNOT be sued for anything the LLC does or does not do.
An LLC can Lend money or borrow money as it sees fit.
An LLC can buy, sell or trade anything at anytime as long as it is in the best interest of the Company.
EXAMPLE:
Lets say that you have a Project or want to do some underwater salvage or recovery work but do not have the funds to do it. AUDIA RESOURCES may fund your project or maybe bring in other investors.
I know that some of you could care less what I am saying here but I am just laying everything on the line so if there are any questions most will be answered here
?
I have been classed as a NUT CASE. This does not bother me at all because I have been called this most all my life by family and friends so it is not new. (hahaha).
O.K.
Peg Legs
This project is moving along quite well.
I am going to St. Augustine next week and start looking for a location.
My wife and 2 daughters have completed the business plan. They will run the business. My oldest daughter has over 23 years experience in this field.
They are applying for Minority Grants as soon as a location is picked. The Cafe/COFFEE SHOP/BOOK STORE will be located in Old Town near Flagler College. It will NOT be called PEG LEGS cause it is now THEIR PROJECT.
However I still plan of doing a PEG LEGS - GROG AND GRUB - later on but right now I have to many things that have to be done A.S.A.P. to really get involved in their Project. But I will keep a close eye on what they do.
Well my friends that is about all for this Thanksgiving day-gotta go and put the Turkey and Hams on the Grill-I grill my Turkey. Better than putting it is the oven.
Gonna have 3 grills going at the same time. I am expecting over 25 people for dinner so I gotta get started.
Later
Peg Leg.
First I want everyone to understand that AUDIA RESOURCES is NOT a Club. It is a COMPANY designed to provide Membership instead of offering Stock and or Shares. An LLC is a Private Company and by offering Membership AUDIA RESOURCES does not have to file papers with the S.E.C. or the Federal Government which includes the I.R.S.
It is up to the Members to do what they want to do when they file their Income Tax.
With an LLC the LLC can offer any amount of Membership Certificates it wants and at any price at any time.
The Laws that govern an LLC are quite different that a regular Corporation.
For one thing Members CANNOT be sued for anything the LLC does or does not do.
An LLC can Lend money or borrow money as it sees fit.
An LLC can buy, sell or trade anything at anytime as long as it is in the best interest of the Company.
EXAMPLE:
Lets say that you have a Project or want to do some underwater salvage or recovery work but do not have the funds to do it. AUDIA RESOURCES may fund your project or maybe bring in other investors.
I know that some of you could care less what I am saying here but I am just laying everything on the line so if there are any questions most will be answered here
?I have been classed as a NUT CASE. This does not bother me at all because I have been called this most all my life by family and friends so it is not new. (hahaha).
O.K.
Peg Legs
This project is moving along quite well.
I am going to St. Augustine next week and start looking for a location.
My wife and 2 daughters have completed the business plan. They will run the business. My oldest daughter has over 23 years experience in this field.
They are applying for Minority Grants as soon as a location is picked. The Cafe/COFFEE SHOP/BOOK STORE will be located in Old Town near Flagler College. It will NOT be called PEG LEGS cause it is now THEIR PROJECT.
However I still plan of doing a PEG LEGS - GROG AND GRUB - later on but right now I have to many things that have to be done A.S.A.P. to really get involved in their Project. But I will keep a close eye on what they do.
Well my friends that is about all for this Thanksgiving day-gotta go and put the Turkey and Hams on the Grill-I grill my Turkey. Better than putting it is the oven.
Gonna have 3 grills going at the same time. I am expecting over 25 people for dinner so I gotta get started.
Later
Peg Leg.
