The mystery of the different corporate entities

This topic has 13 replies, 8 voices, and was last updated 7 years ago by Shaun.

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    • #7073
       Bryan Bishop
      Participant

      This may have already been discussed, but I couldn’t find mention of it and it just occurred to me, so dropping this here for further thought…

      1. When we first started signing up for consideration for The System, we all received emails from Sarah Sinclair, COO of Noah Sinclair, Inc.

      2. When @julierei was invited to the initial Focus Group however, she was a guest of Sinclair Industries, Inc. I’m assuming the badges everyone else received at the Focus Group said something similar. (cc: @mike @russell @thebuz @hazelverse and all other associated parties for confirmation.)

      3. The press release we all received via email last week was signed Sarah Sinclair of Noah Sinclair, Inc.

      4. Macy Jones, who just emailed everyone, also signs her emails as being part of Noah Sinclair, Inc.

      Is this a mistake? Is Noah Sinclair, Inc. simply a division of Sinclair Industries, Inc.? (And if so, why have different names in the first place?)

      Is it possible that this somehow plays into the notion of “IT”? Are one of these entities the work of a virtual intelligence, while the other is the entity the real, physical Noah and Sarah are part of?

      Have I had too much coffee?

    • #7077
       Candace
      Participant

      My name tag said Sinclair Industries

    • #7079
       Mike
      Participant

      This is my tinfoil hat type thinking…but what if…Sinclair Industries is more of the collective. There are theories that the Sinclair’s are part of OSDM. What if Sinclair Industries is a division/branch of OSDM? Then possibly the direct emails are a subdivision/off the radar type group. Or maybe they have an “agreement” and can do things on their own, without interference, under a different name?

    • #7080
       Cristen
      Participant

      As did mine. It could be sub-corporations within Sinclair Industries as a whole, though the commercial banker in me wonders why the smaller entity isn’t just an LLC with the larger INC as the majority owner. I know. I’ll show myself out.

    • #7081
       Meghan Mayhem
      Participant

      @mike Much like how PepsiCo is the umbrella company that owns the brands Pepsi, Diet Pepsi, Mountain Dew, Lay’s, Gatorade, Tropicana, 7 Up, Doritos, Lipton Teas, Brisk, Quaker Foods, Cheetos, Mirinda, Ruffles, Aquafina, Naked, Kevita, Propel, Sobe, H2oh, Sabra, Starbucks (ready to Drink Beverages), Pepsi Max, Tostitos, Mist Twist, Fritos, and Walkers.

    • #7082
       Mike
      Participant

      @meghanmayhem Exactly!! They just happen to love their name so much, it’s included in every division 🙂

    • #7084
       Meghan Mayhem
      Participant

      @mike And much like PepsiCo, they own companies with their name in it, but there’s plenty of companies they own with completely different names that no one even realizes are owned by PepsiCo. The same could be said of OSDM or Sinclair Industries. Just because it isn’t an obvious name connection doesn’t mean you won’t see the connection if you read the label close enough.

    • #7085
       Bryan Bishop
      Participant

      @meghanmayhem @mike I love that take too, because it begs another question. If Sinclair Industries, Inc. is the umbrella corporation, by definition there has to be at least one other division beyond just Noah Sinclair, Inc.

      What else haven’t we seen?

      (Personally, I’m hoping Russell Eaton, Inc. shows up at some point, but like I said: I’ve had a lot of coffee.)

    • #7086
       Meghan Mayhem
      Participant

      It should also be noted that sometimes companies will split off into different entities, one company creating a separate production company solely for the use of one show created for the initial company for example, in order to protect oneself for corporate blame. As in, if this production company is owned by the initial business, but is technically “it’s own entity”, then if that company accidentally say, kills a person, the initial business isn’t to blame, the secondary corporation is.

    • #7097
       Lawrence Meyers
      Participant

      @meghanmayhem Yep. A parent corporation like our beloved media companies will create multiple subsidiaries that are their own entities, in order to isolate liability within each group. One division might go bankrupt while another thrives, so that if the bankrupt entity has a creditor it owes money to, the creditor does not have recourse to any other subsidiary or the parent.

      Should a marital separation occur — not saying it has — then from the date of separation in CA, income earned is the sole and separate property of each person as long as the funds are not co-mingled. So perhaps that is what has occurred.

      Or perhaps we have multiple corporate identities so that if any one of them FUCKS UP, the liability is contained.

      I’ll be over here with @wanda102….

    • #7103
       Cristen
      Participant

      Oh hey @larry! Did you bring the canapés?

    • #7104
       Jackie
      Participant
    • #7110
       Lawrence Meyers
      Participant

      @wanda102 No, but I did bring…

      …the corporate veil!

    • #7111
       Shaun
      Participant

      Either way the various email address domains @gmail.com and @noahsinclair.com is pretty bush league if you ask me!

      Maybe no one is in control and it’s just chaos.. as seen in the recent focus group.

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