Ongoing Titan Financial Group

[PvM2Max]

Incorporated Entity Summary
Registered Name: Titan Financial Group
In-Game Company Name: TitanFinancialGroup
Entity Type: Business Corporation (Wholly-Owned Subsidiary)
Parent Company: Titan Group LLC (TitanHoldings)
Nature of Business: Financial services, including commercial banking, deposit-taking, lending, investment management, and financial advisory services.

Directors

| Name (IGN) | Forum Name | Title |
|------------|-----------|-------|
| PvM2Max | PvM2Max | Director / President |

Officers

| Name (IGN) | Forum Name | Title |
|------------|-----------|-------|
| PvM2Max | PvM2Max | President |

Share Structure

| Class | Designation | Authorized | Par Value | Voting | Dividend | Initial Holder |
|-------|-----------------|----------|---------|-----------------|--------|--------------------------|
| Class A | Voting & Dividend | 1,000 | $1,000.00 | Yes (1 vote/share) | Yes | Titan Group LLC (100%) |
| Class B | Dividend Only | 9,000 | $150.00 | No | Yes | Unissued (available for sale) |

Total Authorized: 10,000 shares
Transfer Restriction: All share sales require simple majority approval of Class A shareholders.
Dividend Policy: Dividends calculated based on owned shares only. Unissued/unsold shares are excluded from dividend calculations. All owned shares (Class A and Class B) receive equal dividends per share.

Registered Agent
PvM2Max (Forum: PvM2Max) — contactable via in-game direct message or DemocracyCraft forums.

Formation Instrument
Certificate of Incorporation — filed herewith.

Ongoing Court Cases
None.

Regulatory Enforcement Actions
None.

 

[EATB]

Signed by the DOC Secretary or their delegate, company docket continues below.

 

[xXTheoryXx]

Notice of Intended Receivership & Dissolution - Titan Financial Group

Pursuant to Legal Entity Act, Part VII §2(2), the Department of Commerce finds Titan Financial Group persistently inactive, as its sole director and controlling shareholder's representative, PvM2Max, is permanently banned and cannot conduct the entity's affairs, and the entity has ceased all docket upkeep, filings, and operations.

This is your 5 days' notice under §2(2)(b). If any director, officer, or shareholder wishes to contest this or resume active management, contact the Department of Commerce within 5 days.

Failing that, DOC will place Titan Financial Group into receivership (Part I §3) and wind it up and dissolve it under Part III §10.

- Secretary of the Department of Commerce

 

[Planke32]

Titan Financial Group has been placed into receivership by the DOC and will begin processes of dissolution and winding up effective immediately.