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t1_j41833y wrote

The average person does not want to invest a few million dollars into an operation unless they have control over that money. If they only own 49% or less of the company, they have no control over the money. The majority shareholder of the LLC would have control and that's a problem.

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t1_j41jgq1 wrote

Hmmm, no shortage of investors though. Seems like you don't know what you're talking about.

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t1_j41t6h7 wrote

OK Mr. Expert. Whatev.

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t1_j41vntd wrote

Oh no, you're right. I'm sorry. The license fees were too high, nobody could find any investors and it was so bad that nobody even submitted an application.

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