A letter from the CEO of Grandpa Corp
As you know through numerous recent press releases, a subsidiary of "the company", known as Lorena Co., has
announced the spin off a new division; Aniston LLC.
While the development of the division was clandestine and unauthorized, the Board has ruled the expansion is welcome and we expect exciting developments in the coming quarters and years to follow. The parties seem to be experiencing some early scheduling problems, but we believe these short term issues can be overcome.
Extensive research has shown that 99.9% of all entities spun off immediately take controlling interest of the parent company, so it is expected that activities at Lorena Co. will change dramatically as development of Aniston LLC will absorb a projected 98% of the parent company's time and resources, the balance of which will be absorbed by associated parties, MomCo and Siblings Inc.
Grandpa Corp would like to assure our shareholders that we hope to maintain our "silent partner" agreement with the ever expanding subsidiaries, but it should be known than the company is available in an advisory capacity at any time. We expect our financial exposure to the spin off to be limited going forward.
There is no need to thank me for this valuable information: I'm doing it as a public service.
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