F-whore posts to XPT:
Can someone tell brain wizard Ric Williams, who claim to have run Fortune 500 companies that you CAN’T INCORPORATE a limited liability company [LLC] in California or any state.
Rick, there is a huge difference between a corporation, a Sub Chapter S corporation and a limited liability company.
The term INCORPORATE means turning a company into a CORPORATION. A limited liability company IS NOT a corporation.
Yes, they have similar liability protections but are still vastly different. Yes a sub-chapter S corporation shares some tax advantages as a LLC in the eyes of the IRS.
But at the end of the day, a LLC is NOT a corporation.
Black Widow Talent being "INCORPORATED" or formed as a LLC doesn’t mean diddly squat to talent or producers that use your company. All that means is now you are trying to protect your personal assets if and when you start ripping off talent or anyone else.
This shows how pathetic and lame Ric William is. He obviously does not understand the differences between the different types of business types and besides who the fuck cares? You dont see successful business like Patrick Collins sending out a press release everytime they get a UPC code or everytime they pay their quarterly taxes.
Keep bringing attention to yourself Ric “Cant pay my creditors” William. You are gonna find yourself audited by the IRS, sued for fraud by your creditors, indicted by the Feds for violating the Mann Act and then after all that Nevada police will want to talk to you. Your best bet is to crawl back into your hole.
F-whore, you are correct. The title got changed on the press release after I approved it. Feel better now? Big Dick Daddy, I would really like to know who you are and what your credentials are besides being a blowhard. If you noticed, I have 3 other partners and own 25% of the company. We could either form a partnership, LLC or Corporation. An LLC seemed to be the best structure for us. I am sorry that you really feel the need to try and attack me…it is easy when no one knows who you are or what you have done. Our agency is one of the few that is licensed and bonded…bonded means that if any talent is due any monies they can go to the state labor board and they will give them the money and come after our bond…I know you were not aware of this due to your untrue statement. Mann Act…Nevada Police…give me a break!! Dude, get a life!
FW is the guy who writes mypornoreview*com. His life accomplishments are reviewing bad porn videos, and marrying Lori Lust.