Monday, March 17, 2008

Shadow Mountain Academy Deposits

More checking on deposits for Shadow Mountain Academy showing up in another Holub business--Art of the Stars.

Have contacted New Mexico and California tax authorities about whether a business in one state can effectively take deposits from a business in another.

In addition, there is a concern that if something were to happen to the Art of the Stars company that deposits for residents at Shadow Mountain Academy might be at risk.

Would be happy to hear a response from Holub or Shadow Mountain.

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