Paladin of the Pegasos
Posts: 1424 from 2003/4/13
Quote:Yasu wrote:
@TMHG
Trevors seems to make enough not to have to worry about A-Eon. But sure, his interest lies in that the AOS 4 port being finished. If not I bet he would be really pissed off
The problem with your scenario is that this is not a personal hobby under his own name, it is a registered "Limited" company. While we don't know what the private share structure, there will still be laws to govern how they operate. In the US LLC's (Limited Liability Company) still have basic reporting and corporate governance requirements. I'm sure the 'Limited' Companies are similar. You can't create a company and then just have it's cash balance be a slush fund from your own wallet. At some point the company has to be able to be able to stand on it's own. Generally speaking, when the company is founded one of the principal officer can fund it in exchange for stock, but constantly throwing money at it after that starts off as frowned upon and eventually becomes illegal.
That's simplifying things, but the general gist.
[ Edited by redrumloa 09.03.2016 - 14:17 ]
