Doesn't an LLC limit the # of investors one can have?
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Doesn't an LLC limit the # of investors one can have?
If you do the math :
He is offering a one percent share for $2,000.00 that means that 100% (total) would be worth $200,000.00 Yet he is trying to unload the boat for $79,000.00 or "best offer".Now does that make sense or is it just a scam?
I believe an LLC is a "Limited Liability Corporation" which pretty much means that only the assets of the corporation can be "attacked" by a creditor,which if that is the case there is not much to "attack" in this case.I may be wrong but that is the way I understand an LLC.
Do you have a recent survey of the boat and also what about a recent CG inspection for amount of passengers etc?
Hey East End diver.
The 44 ft Boat for $79,900 as it sits today is only a part of the entire business and only one of its assetts.. We may very well inporve it with investments of a new hardtop and new engines and new electronics and other things that increase the value of the vessel. Othe Investments will be in our operations and the adddition of other boats. The Total net worth and later invertors percentages will then be changed to reflect this.
Capt Walt