[asterisk-users] World Cheapest Predictive Dialer!

[Jay R. Ashworth]

On Tue, Jun 17, 2008 at 01:05:59PM -0400, Steve Totaro wrote:
> 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....

I'm entirely sorry, Steve; you're right.  I misread it.  It was CF who
made the assertion I was commenting on.

Cheers,
-- jra
-- 
Jay R. Ashworth                   Baylink                      jra at baylink.com
Designer                     The Things I Think                       RFC 2100
Ashworth & Associates     http://baylink.pitas.com                     '87 e24
St Petersburg FL USA      http://photo.imageinc.us             +1 727 647 1274

	     Those who cast the vote decide nothing.
	     Those who count the vote decide everything.
	       -- (Joseph Stalin)