Legal Question in Business Law in Nevada

Re: Shareholders investments

Aside from the problems of shares in an LLC and over 100% ownership, I am confused on how the 10% can be a 10% owner without paying for the ownership interest. In other words, if they were buying stock, they would normally pay for the stock before it was issued. Or, if it is membership interest in an LLC, they would pay for the interest before signing off on the transfer.

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Re: Shareholders investments

You first problem, unless you made a typo, is that you have shareholders owning more than 100% of the shares. 33.3 plus 33.3 plus 33.3 plus 10 equals 109.9%. Have your documents reviewd by a local attorney.

Re: Shareholders investments

In addition to the stock issue, it appears your company may be an LLC and not a corporation, based on your statements about tax treatment. For these and other reasons, and to get an answer to your question, you will probably want, and need, to get a business lawyer to review the whole picture and straighten it out going forward.