Re: AP infinity plus one - New AP Statement
it was posted:
I just find it hilarious that it's so hard to determine the exact ownership structure at AP.
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Both sites and Joe Norton state that he owns 100% of the firms. It was very easy for us to determine that. What is apparently difficult for us is - to believe it.
It's not really surprising that we might have doubts, because this is a privately owned firm, and private owners are not required to reveal very much about their affairs. I own a business as a sole proprietor, just as Mr Norton claims he owns these gambling firms. If I sold someone an option to buy my firm, I'm not required to tell you about that, or to tell anyone else. That's just the way it is. Are you really amazed that I don't have to tell you about my business, or that you have no way of knowing if I have given someone a right to buy me out?
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