[asterisk-users] World Cheapest Predictive Dialer!

[Steve Totaro]

On Tue, Jun 17, 2008 at 1:02 PM, Jay R. Ashworth <jra at baylink.com> wrote:
> On Tue, Jun 17, 2008 at 12:00:18PM -0400, C F wrote:
>> On 6/16/08, Jay R. Ashworth <jra at baylink.com> wrote:
>> > On Sat, Jun 14, 2008 at 11:13:31PM -0400, C F wrote:
>> > > > Happens in the commercial world all the time; it's a common way to "get
>> > > > cash out of the corporation" -- a business's building is owned by the
>> > > > corporation's owners, and rented to the corporation.
>> > >
>> > > This is actually illegal in some states and considered a breach of
>> > > Fiduciary everywhere.
>> >
>> > May be, but I know at least 3 owners of private corporations who are
>> > doing it, and their auditors seem fine with it.  I think that it
>> > matters whether the corporation is public or not...
>
>> LLCs?
>
> No, my assertion was that I believe that 'Steve's assertion that it is
> illegal and a breach of duty for a corporation's officers to own its
> real estate and lease it back to the company' may be dependent on
> whether the company is publicly owned or not.
>
> I suspect that there is no breach in the case of a private company,
> because different fiduciary duties pertain.
>
> I'll ask my client who's the ex-president of one of the companies I was
> talking about.
>

Please don't attribute quotes to me that I did not make or even
"assert".  It was CF and maybe Alex....

Re-read the thread and stop showing your a**......  Comprehension and
retention is key.

Thanks,
Steve Totaro