Yes, HOP Energy has been sold piecemeal by Cetane Assoc. Michael Anton, who is CEO of HOP, also serves as board member of Cetane, the very company that is selling out HOP bit by bit!

See cetane.net

If you are an employee or a potential customer, word to the wise.....JUMP SHIP!! HOP clearly already has!!

LLC

The LLC in Indiana LLC stands for "Limited Liability Company". LLC companies blend corporate structure with partnership qualities.

Yes, a LLC, that is, a LLC that is member of a LLC, could theoretically make a distribution to its parent LLC. Although, where member(s) of the LLC that is a member of the "parent" LLC are also member(s) of the parent LLC violate certain imputed fiduciary duties, the potential arises for unlawful self-dealing to occur.

LLC