• JP

SPACS are the Corporate Veil

Updated: Mar 24


[11:08 AM] JP (aka Reperception): @everyone ATTENTION - 2021 IS UPON US, I WISH YOU ALL WELL. IF YOU DECIDE DISCORD (conflict) SUCKS YOU BETTER F'NG TELL ME BEFORE YOU LEAVE IN THE EVENT WE COLLECTIVELY OR INDIVIDUALLY FIND A BETTER PLACE TO HANG OUT ONLINE.


I CAN'T HELP THAT SOME PEOPLE ARE A PARTICULAR WAY


I CAN'T HELP THAT A DIGITAL WORLD IS WORSE THAN BEING ADDICTED TO OPIOIDS AND IT'S NOT LOST ON ME THAT THESE PSYCHO MESSAGE BOARDS SERVE A GOOD PURPOSE, AND OVERALL IT'S A DATA GRAB - IF THERE'S A MORE VALUABLE PLACE TO GO I WOULD DO IT IN A MINUTE.

THAT SAID - EVERYTHING I SAID IN 2020 STILL STANDS. YOU ARE WEARING A FACE DIAPER/CORPORATE VEIL.


[11:11 AM] Seeker: Did dennis hack jp

[11:14 AM] JP: IF YOU DON'T UNDERSTAND SOMETHING LOOK IT UP.


AIN'T MY GD Fkg FAULT


[11:14 AM] JP: What is the Corporate Veil?


As a general definition, the corporate veil is a layer of protection that exists between the assets of a corporation and the assets of the shareholders of the corporation. When a company is incorporated, the default position that the law takes when looking at the assets of the corporation is to treat them as separate from the assets of the owners of the corporation for purposes of litigation and satisfying a judgment. One of the primary benefits of operating a business as a corporation is that if the business incurs debts or liabilities—including both expenses or adverse judgments—a court will only look to the corporation’s assets and not the shareholders’ personal assets, such as a house, a car, or a savings account.


[11:15 AM] JP: @Retrocidical , you see why SPACS are a legit thing right now?

[11:16 AM] Retrocidical: shhh my head hurts lets talk later


[11:18 AM] Retrocidical: i want willy back (sad emoji)

[11:18 AM] JP: but how. . . (sad emoji)

[11:18 AM] Retrocidical: how many SPACS u got now?

[11:18 AM] JP: only Pershing

but i just made that realization

there's no need to take risks or at least super minimally take risks when investing now the people with totally sick amounts of money are funding the new wave of corporations.


And they are guaranteeing gain or (most) of your money back. its cray


[11:21 AM] Retrocidical: The only downside is if a few trigger and go down most of them do as well and people get spooked by them but really the idea is to buy the dips. in the end they are $10 redeemable each if they go bust.


[11:22 AM] JP: but the SPACS with a legit model yeah, it's timing...

we'll have to see if they live up to their hype, I take it back, I had RMG - which shot up, and then the company it was fronting I guess took over bc it changed names already


[11:24 AM] JP: So I sold - but if I was into the company it became, I'd probably stick with it... that's why I like the Pershing rumors so much.


[11:26 AM] JP: It's also painfully weird that we wear a face diaper under this very same principle. The mask is the corporate veil, all ya gotta do is go to Walmart to figure that one out.


MARCH UPDATE: No madness yet for PTSH, it's been dawdling, down, as the rumor mill churns.

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