Author Topic: Troy Reid Seeks Investors for Altcoin Mining Scam  (Read 570 times)

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Offline trish

Troy Reid Seeks Investors for Altcoin Mining Scam
« on: February 18, 2018, 03:03:04 pm »




How much is it? $300 or $1,000 to $2,000 per month?



« Last Edit: February 18, 2018, 03:43:51 pm by trish »
Troy Reid is a Member of Christian Assemblies Int'l Cult: http://bit.ly/2ofMcS5

Troy Reid's Abandoned Junk & Trash: http://bit.ly/2pfBorC

Troy Reid's Altcoin Fraud: https://bit.ly/2MrZT1b
 

Offline trish

Re: Troy Reid Seeks Investors for Altcoin Mining Scam
« Reply #1 on: February 18, 2018, 03:43:16 pm »




Troy Reid is a Member of Christian Assemblies Int'l Cult: http://bit.ly/2ofMcS5

Troy Reid's Abandoned Junk & Trash: http://bit.ly/2pfBorC

Troy Reid's Altcoin Fraud: https://bit.ly/2MrZT1b
 
The following users thanked this post: OldCodge, JoytheDog, GreasyCock, LarryWeed, Catscratch, DAT, Sand_Piles

Offline trish

Re: Troy Reid Seeks Investors for Altcoin Mining Scam
« Reply #2 on: February 23, 2018, 10:19:20 am »
Now that Troy Reid has created an LLC, is he required by law to declare all gifts and funds donated in 2017 on his taxes?

What about investors in Troy Reid's altcoin mining scheme?

Excerpt from "12 Reasons For A Startup Not To Be An LLC."

http://www.startuplawblog.com/2011/09/30/12-reasons-for-a-startup-not-to-be-an-llc/

4 – Potential Taxation in Other States – If the business has an active trade or business and does business in other states, passive investors may become subject to income tax in those other states.

For example: if you are a partner in a partnership which does business in CA, even if you live in WA and are a passive investor, you will receive a California Form K-1 and have to file California income tax returns and pay California income tax.

This can really turn investors off.

A similar thing happens when non-US persons invest in US LLCs.

7 – Raising Capital – Raising additional capital through an LLC is much more difficult than raising a next round through a corporation. LLC agreements are more difficult and complex to prepare than their corporate counterparts. In addition, you can hit upon sticky and highly complex tax issues in the LLC context that just don’t exist or arise in the corporate context.

For example: You give your investors a 2x liquidation preference. If you are an LLC, your investors may have a tax hit in the year of investment! This does not happen in the corporate context.
Troy Reid is a Member of Christian Assemblies Int'l Cult: http://bit.ly/2ofMcS5

Troy Reid's Abandoned Junk & Trash: http://bit.ly/2pfBorC

Troy Reid's Altcoin Fraud: https://bit.ly/2MrZT1b
 
The following users thanked this post: JoytheDog, GreasyCock, LarryWeed, Honey Badger, Mrs. Lost Ladders, Catscratch

Online Ben Dover

Re: Troy Reid Seeks Investors for Altcoin Mining Scam
« Reply #3 on: February 23, 2018, 11:27:22 am »
Give it till spring and all that computer crap will be laying in a pile behind the junk green house.
he will be to lazy to haul it out behind the spank shed.