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Old 10-25-2007, 01:55 PM
Cruzincat Cruzincat is offline
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Join Date: May 2004
Location: Maryland
Posts: 200
Default Re: AP infinity plus one - New AP Statement

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The ownership structure is going to be next to impossible to figure out without some sort of confidential document.

As long as we are talking about transparency - who owns Poker Stars? - almost impossible to figure out

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''Because of rules requiring that Mohawks own all businesses on-reserve, the commission set up Mohawk Internet Technologies to operate the online casino business. MIT operates a server farm on the reserve, and offers space on the servers to online casino operators. MIT collects a monthly fee from the casino operators.''

The above is a quote from this article:

http://www.cbc.ca/news/background/ga...etcasinos.html

This means Joe Norton owns AP because AP needs to be owned by an Indian according to Mohawk rules (i.e. for AP to be able to have their server on the reserve). As I understand it, the ownership by Joe Norton is for Indian rules and Joe charges a fee for this services but is not part of the actual management of AP.

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Then Joe pretty much has to have as much money as Bill Gates, because he would have to own all the companies that make use of the servers, wouldn't he?
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