May 07, 2013 4:20 PM

Which PERSON, Cara?

The PERSON on the birth cert.

That is LIENED by the corporation. The PERSON in question is in DEBT to the corporation FIRST. That is the PERSON'S PRIMARY obligation. The Government still has standing as regards the name, but they have to "wait in line". ;)

The corporation will hold the name until the debt is paid. The name MUST benefit the SHAREHOLDERS in the end.

The PERSON in question is in DEBT to the corporation FIRST: is there ANY specific amount that need to be written somewhere about this DEBT ???

How would debt be created as in to lien the person for the corporation.

How does a BANK create debt for the PERSON?

loan agreement, credit agreement, transaction fees, administration fees.....oh.....

The PERSON CONSENTS.

That PERSON'S VALUE is owed to the CREDITOR.

[Derek Hill - misleading, wrong pulled-out-of-your-ass post DELETED]

Seriously Derek, shut up. I don't know how many times I have to tell you; Your idiotic concepts are not welcome.

Now I must scrape away the shit stain your posts always leave.

THE CORPORATION IS THE CREDITOR, JUST LIKE THE FUCKING BANK IS THE FUCKING CREDITOR.

If I'm 47, is it fair to EVALUATE my person at $11.4 millions ????

That's up to the corporation, but they may be forced to ACCOUNT for it.

Does the corporation extend credit same way as the banks?

OK Scott Duncan, but since it is an EVALUATION, it can be corrected any time ?????

Here in REALITY, you HAVE no value. Neither do I. We're bags of mostly water with meatware driving them, and there is NO shortage! Only in COMMERCE is there value (Monetary). The corporation IS commerce, and that lien are its ASSETS.

Any money the corporation spends on the PERSON is INVESTED CAPITOL.

If the debt is reduced yearly, it will appear as if the PERSON can handle (And pay down) HUGE debt. This makes the PERSON a good choice for OTHER corporations to extend credit to.

wow!! :/

I THINK you should start a thread on PRIVATE banking with CIBC :)

When I say I can inject a half-BILLION into the economy and make it vanish, I'm NOT kidding.

Just a tip: While you are building such a commercial endeavor, don't tell anyone, and NEVER let those in "authority" take you seriously. They will treat a dumb french guy a lot different than they will treat a guy who's pushing buttons and pulling levers on the economy. ;)

I may have to work hard to look dumb, but will do, thanks for the tip :)

Just be yourself. They'll believe it :D

Et voila !!!!!! :D

At the risk of stepping-on-a-landmine;

A Corporation can be a PERSON;

but a PERSON is NOT a Corporation; now, question-for-clarification.....

can a PERSON be a BODY CORPORATE? *whinces*

:D

What exactly do you think "BODY CORPORATE" means?

Good question...i was about to get a coffee...but i will be back with The Dictionary of Canadian Law in hand

cross fingers :/

Why do you ask these idiotic, nonsense questions when YOU DON'T KNOW WHAT THE FUCKING WORDS MEAN?

The Company car I drive is a body corporate :D

Seriously people! Enough shit-stains!

That was a joke about the car Scott....

IDIOTIC NONSENSE QUESTIONS PROVE THAT:

1: YOU DON'T ACTUALLY READ WHAT I SAY AND THEREFORE WASTE MY VALUABLE TIME 2: YOU INTEND TO MISLEAD AND DISTRACT THOSE WHO ACTUALLY WANT TO LEARN SOMETHING!

IF YOU CAN'T THINK, SHUT THE FUCK UP!

In order to make sure i have this right Scott Duncan, the human creates a trust, then a corp, then the corp leins the BC name? As long as the corp is the first lein it is first to get paid. If that lein is, say $1,000,000.00, showing a decreasing amount yearly, when it is close to a 0 amount can you increase the amount without another lein or are you obligated to use another lein and get at the end of the line?

You will get it right when you stop MAKING SHIT UP!

"Human creates the trust"? That has NOTHING TO DO with a commerce gateway.

HUMANS (More than one) can HAVE/CREATE a trust, but that has nothing to do with COMMERCE.

Female humans can blow me whenever they feel like. It's their UNALIENABLE RIGHT...and has NOTHING TO DO WITH COMMERCE.

Me = Joseph Pierre Gilles = No commerce implied/expected, I will let PIERRE DAOUST take care of business :)

BODY CORPORATE: 1. a company or other body corporate with or without share capital wherever or however incorporated 2. any incorporated corporation, incorporated association, incorporated syndicate or other incorporated organization wheresoever incorporated. The Dictionary of Canadian Law, 3rd-edition

Can a Big Mac be a Big Mac when you eat at McDonalds?

...what about take-out? Can a Big Mac be a Big Mac then?

Ponder these McQuestions while you SHUT THE FUCK UP!

Seriously, it's like you people INVENT ways to miss reality.

melancolic = if it's NOT complicated, it's NOT valuable :/

QED

What's that QED thing ???

Q.E.D., from the Latin quod erat demonstrandum, used at the end of a mathematical proof

http://lmgtfy.com/?q=QED

http://en.wikipedia.org/wiki/Q.E.D.

wow,,!!!..have you just entered my lapto ??? :D

See: "Case in Point"

It's maddening and saddening that you all love your bullshit SO MUCH. It produces some chemical reaction in your defective pre-programmed brains, that you will always cherish.

Now you can't tell the difference between what's true, and what feels good, and you don't even see it.

I deal with people everyday Scott, I need to categorize them when they show up, so I can make MY time productive. Here is how I categorize People I meet. Coleric Melancolic Sanguin Flegmatic

Coleric: It will be short and sweet and easy. Melancolic: I will throw this sucker out in the next 10 minutes. Sanguin: I will have fun and will sell hin/her something flegmatic: He/she will enter to buy a circuit breaker, and I will sell him/her a complete electric panel with all the hardware... :D

So I established my store in the east end of Montreal.....lots of flegmatics and colerics around here....good for business :)

Case in Point

Scott, with all of the VALUABLE information that you have shared with me/us that has made me ultimately better off for it which i TRULY appreciate- with all due respect..when you tell me, "You THINK wrong"..it's occured to me, i have never asked you back- "HOW then Scott, do i think wrong?" Because i surely cant be the ONLY one on here who thinks wrong...

Scott..HOW, do i THINK wrong? I would LOVE to hear about HOW i think wrong, minus all the pejoratives mind you. CONSTRUCTIVE criticism is welcomed here!

..im guessing one of the points you're going to use is that- "You should all take a course on HOW to program a computer." That IS on my bucket-list..

*mainlines another line of Heroin*

Thank you Scott.

Scott, could we do a thread on liens, what they are, how they are given force and effect and the steps in establishing one...?

Then, one would think that with any property registered to said PERSON (as long as no previous debt is owing on said property) would be assets that could NOT be sold or have the legal title switched UNLESS the corporation got their money first. If that is the case then it sounds a little more straight foreword. Also is the debt owing, by the PERSON to the corporation, ( assuming one MUST have a tangible reason for a lien) created by the purchasing of the shares?

A tangible lien could be verified by ones past tax records collected from the debtor for the creditor, also any principle on loans, correct?

second comment is tom's

tom again: also any profit by a public corp. ie telus, bc hydro, etc. a fractional % of profit is and has been owed to the creditor, are these also ways of validating a lien. Also, for future moneys to be owed to the creditor, one could forcast a $number based on the above for the years to come in ones life. I would like to able to understand and explain to an accountant, as i suspect they will have issues putting this on the books, or is one obligated to keep books for the corporation holding the lien on the person?

What would be one's preferred method for effectively lien(ing) the PERSON. PPSA? UCC filing? Public Notice? Or other?

"crickets chirping" ha ha, no, but really! - tom