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Division Of Panama Enterprises, Inc. a Wyoming Corporation

          
Nominee Stockholder Service

The Nominee Stockholder:

Nevada Revised Statutes do not disallow the use of Nominee Stockholders. For this reason Nevada corporations have used Nominee stockholders for many years.

Wyoming goes one step further in and actually allows the use of nominee stockholders in its Wyoming Business Corporation Act (See Wyoming 17 16 723).

Why use nominee stockholders?
The role of the Nominee Stockholder is to provide privacy and therefore Asset Protection for the owners of the corporation by shielding the owners from public view.

How do you maintain control?
The votes for your nominee stock are transferred to your control, or to the control of your legal counsel, through the use of an irrevocable proxy agreement. With this process, you control the votes without owning any shares of stock.

What are the benefits?
An abusive creditor would need to track down every shareholder on record to determine who is in control of a corporation. This approach is very expensive and requires the hostile creditor to process huge amounts of legal paperwork. Nominee stockholders can divert the attention of the hostile creditor toward the other corporations that have no financial ties to your privately controlled assets.

At this point the creditor may feel that their target has a small amount of reachable assets and they will probably try to negotiate a low settlement and move on to more fertile targets.

Who should hold the proxy and votes?
It depends on the amount of protection you need. There are some risks in holding the proxy yourself. However, the creditor would have no reason to know that an irrevocable proxy agreement was involved unless the client made it public knowledge.

The most bulletproof approach would be for the client to transfer the voting proxy to their attorney.

Nominee Stockholder Services:
The stock of your privately controlled corporation will have multiple corporate stockholders. We have access to multiple corporations, which can own shares of our clients corporation as nominee stockholders. these Nominee Stockholders are on record, in the corporate stock ledger, as owning the clients corporation.

The client will control the stock by the use of an irrevocable proxy agreement.

Our Basic Nominee Stockholder Service Fee Is $200.00
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