Ongoing Komodo Strategic Developments, LLC

Maxib02

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Maxib02
Maxib02
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Registered Name: Komodo Strategic Developments

Name of the In-Game company: KSD

Officers of the Incorporated Entity and their title: Maxib02 (Managing Director, Chief Executive Officer)

Formation Instrument: See attached

Ongoing court cases: None.

Ongoing enforcement Actions: None

Current Directors: Maxib02

Share Register:
Class A - 100 shares - Rhinestone Tweed Group (100%) - Par Value D$1

Class B - 10,000,000 shares - Rhinestone Tweed Group (100%) - Par Value D$0.01
 

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Hello!

Interest based LLC's must be converted to a corporation within 30 days of the passage of the new Legal Entity Act in order to be in compliance with the aforementioned act.

Please also ensure that your Incorporated Entity Summary (the first post in this thread) has all the information that is required by this act. You can see an overview of the required information here.

~ Compliance Officer Gribble19
 
Hello!

Interest based LLC's must be converted to a corporation within 30 days of the passage of the new Legal Entity Act in order to be in compliance with the aforementioned act.

Please also ensure that your Incorporated Entity Summary (the first post in this thread) has all the information that is required by this act. You can see an overview of the required information here.

~ Compliance Officer Gribble19
How to convert into regular LLC. It would be difficult/exhausting to convert into a corporation, as its a subsidiary? (this new 'law' sounds like communism)
 
How to convert into regular LLC. It would be difficult/exhausting to convert into a corporation, as its a subsidiary? (this new 'law' sounds like communism)
I do not think it is possible to convert into a member-based LLC. You could alternatively dissolve the LLC and create a new member-based LLC.
 
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Hey Maxib02,

I've reviewed the docket for KOMODO STRATEGIC DEVELOPMENTS following the conversion to a Corporation. There are a few items that need to be addressed before I can sign off.

⚠ ACTION REQUIRED

1. Officers Field - Missing
Your Incorporated Entity Summary has no Officers field. Per the Legal Entity Act Part III , officers and their titles must be listed. Per your Certificate of Incorporation (Article V §5.02) and Initial Director Resolution (Resolution 2), please add:

Maxib02 - Chief Executive Officer (CEO)

2. Share Register - Missing
There is no share register in your Incorporated Entity Summary. Per the Legal Entity Act Part IV, the share register must appear directly in the docket. Per your formation documents, please add the following:

Class A - 100 shares - Rhinestone Tweed Group (100%) - Par Value D$1
Class B - 10,000,000 shares - Rhinestone Tweed Group (100%) - Par Value D$0.01


3. Enforcement Actions Field
Currently listed as "-". Please update this to read "None." for consistency with DOC standards.

✔ Once all three items are addressed, your docket will be fully compliant and ready for sign-off.

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