EFTA00697633.pdf

From: Dolace Mclean <dolace.mclean@lgo.vi.gov> To: William Blum CC: Denise Johannes <denisejohannes®Igo.vi.gov> Subject: RE: Four Diaz and Pico LLC Date: Wed, 17 May 2017 20:08:26 +0000 Good Afternoon: The companies may be registered, either as a corporation or as an LLC. Director Johannes is already prepared to receive and process the filings. Bear in mind, however that all exempt companies will be required to sign a contract in order to receive exempt company benefits. The contract should be ready in another week or so. As already shared with you, the contract is being revised to require additional disclosure information on exempt entities, and greater adherence to the annual reporting requirements. In addition, there will be an increase in the fees associated with the contract and the required disclosures. We are currently working on the regulations in this area and will share with you the final interim version that will be used to govern exempt companies. Thanks. Original Message From: William Blum [mailto: Sent: Wednesday, April 5, 2017 12:44 PM To: Dolace Mclean <dolace.mclean®Igo.vi.gov> Subject: FW: Four Diaz and Pico LLC Dear Attorney Maclean -- I trust that all is well with you. Today we received the e-mail below and it is beginning to concern us as we have several clients for whom we have formed exempt companies, in the form of limited liability companies in accordance with Title 13, section 851(i), but we have not yet received all of the official certificates from the Division of Corporations acknowledging these filings. We are also still awaiting fully signed contracts (under 13 VIC 861) for some exempt company clients, as you and I have also discussed by telephone. The statute seems quite explicit with regard to both of these matters. Do you anticipate being able resolve these matters soon? Would it be helpful to have another telephone conference? If so, I am available to speak at your convenience. Best regards. Yours, Bill Blum William Blum, Partner EFTA00697633 Original Message From: Denise Johannes [mailto:denise.johannes®Igo.vi.gov] Sent: Wednesday, A ril 5 2017 11:43 AM To: 'Gina Bryan clEMe Cc: Angella Mills <angella.mills@lgo.vi.gov>; Laura Bedminister <laura.bedminister@lgo.vi.gov>; Dolace Mclean <dolace.mclean@lgo.vi.gov> Subject: Four Diaz and Pico LLC Good day Ms. Bryan: On Monday, April 3, 2017, this office received for processing the registration documents for Four Diaz and Pico LLC along with check no. 1111 in the amount of $400.00. Please be advised that the processing of exempt LLCs within this office are under legal review. At present, this office cannot process the documents that were received on Monday. Once our general counsel provides the handling directions to the division, your office will be notified. Should you have any questions, you may contact Dolace Mclean, Esq. Thank you for your attention to this matter. Best regards, OFFICE OF THE LIEUTENANT GOVERNOR [Description: Description: COLOR SEAL.gif] Denise Johannes Director, Division of Corporation and Trademarks Office of the Lieutenant Governor 5049 Kongens Gade Email: denise.johannes®Igo.vi.gov<mailto:denise.johannes@lgo.vi.gov> (New Email Address) Website: www.ltg.gov.vichttp://www.ltg.gov.vi/> NOTICE OF CONFIDENTIALITY: The information in this email, including any attachments, is confidential and may be legally privileged and may also be covered by the Electronic Communications Privacy Act, 18 U.S.C.§ 2510-2521. Access to this email by anyone other than the intended addressee is unauthorized. If you are not the intended recipient of this message, any review, disclosure, copying, distribution, retention, or any action taken or omitted to be taken in reliance on it is prohibited. In this case, please reply to or forward a copy of this message to the sender and delete the message, any attachments, and any copies thereof from your system. Copying, duplication and/or use of any addressee's email address for purposes other than the subject of this email are/is prohibited. EFTA00697634