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Monday, October 16, 2017

Tom DeLonge Creates UFO Company (Skeptic Review)

https://www.youtube.com/watch?v=rO-hAm4g47o

https://www.youtube.com/watch?v=UTjDGaFN-kg

*There should be a disclaimer of both the reviewer and of the reviewed corporations advised in the videos above.
It is common for multiple corporations to be used as a way to protect assets. It is uncommon for the money such as debts to loop back to the same corporation without a middle man (otherwise many alphabet soup and private individuals would be wary of investing and might alarm legal auditors to see if there is any kind of scam.) I am sure (but not certain) that lawyers have reviewed the legal practices (hopefully) of the money trail. A loss is a loss until fully realized and the best of investors (unless of political motive exists) would say away from this kind of monitary looping as it is best to practice safe accounting for any for profit venture. It wold be even more interesting if this firm was to change and file as a non profit with restructuring; it might then carry legs if there is any altruism involved with its managing members.

You can do with what you want with your money;  I. tonyotag, would not be placing money into this kind of venture.

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