nonownership conglomerate alterations: Statement of May 12, 2024:
Upon further reflection on Proverbs 18 from the Bible, We have decided to restructure our ownership model. Moving forward, our company will operate as an ownership conglomerate rather than a nonownership conglomerate, with 50% ownership attributed to L.A.M. and the remaining 50% owned by a trust. This distribution may, and will fluctuate, as we now recognize the importance of granting authority to those managing the company on behalf of L.A.M. This authority will be tied to ownership percentages, with decisions made on a case-by-case basis.
While trust is not a concept we are inherently comfortable with, we are reminded of the trust bestowed upon me by God, prompting me to extend trust to others in managing our company's affairs. This will also aid financial compensation for the stress and abuse from the public that comes with the position in the company. This extended position, if not already stated adds something new, a board of directors. Which will be appointed by the new part owner of said Lusinsaano company, L.A.Matrix executives, and sometimes by other Lusinsaano companies.
Statement Issued By:
Elijah Patillo (Elijah Alesander Lusinsaano)
Owner
Authorized Signer:
Elijah Patillo (Elijah Alesander Lusinsaano)
Owner