Purple Inc.: Difference between revisions

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'''Purple Inc.''' is a company, as well as a province of the [[Solstice Federation]]. It is owned by Purple Holdings Inc., which also owns Purple Commerce Inc. Purple Holdings Inc. is entirely owned by [[User:Ashe|Ashe]], who is also the chief executive officer and sole board member of Purple Inc.
'''Purple Inc.''' is a company, as well as a province of the [[Solstice Federation]]. It is owned by Purple Holdings Inc., which also owns other subsidiaries under the Purple umbrella. Purple Holdings Inc. is entirely owned by [[User:Ashe|Ashe]], who is also the chief executive officer and sole board member of Purple Inc.


== History ==
== Structure ==


=== Unnamed Solstan Province ===
=== Purple Holdings Inc. ===
Unnamed Solstan Province was founded on {{#dateformat:10 December 2023}}. At the same time, the Provincial Court of Unnamed Solstan Province was established, with its chief justice being Ashe.
Purple Holdings Inc. was founded on {{#dateformat:22 December 2023}}, at which point all shares in Purple Inc. got transferred to it. Its sole purpose is to own other companies under the Purple umbrella, enabling it to carry out activities that may be impractical or legally impossible as a Solstan province.
 
=== Purple Inc. ===
Purple Inc. was originally founded as a non-corporate Solstan province under the name Unnamed Solstan Province on {{#dateformat:10 December 2023}}. At the same time, the Provincial Court of Unnamed Solstan Province was established, with its chief justice being Ashe.
 
The province was formally incorporated as Purple Inc. on {{#dateformat:20 December 2023}}, becoming the first corporate province of Solstice Federation, and was 2 days later made a subsidiary of Purple Holdings Inc.


=== Incorporation as Purple Inc. ===
=== Purple Commerce Inc. ===
Purple Commerce Inc. was founded on {{#dateformat:22 December 2023}} as a subsidiary of Purple Holdings Inc. for the purpose of being able to do business with other entities without being constrained by the Solstan constitution's limit on the power that provinces have.


Unnamed Solstan Province was formally incorporated as Purple Inc. on {{#dateformat:20 December 2023}}, becoming the first corporate province of Solstice Federation.
=== Purple Software Inc. ===
Purple Software Inc. was founded on {{#dateformat:22 February 2024}} as a subsidiary of Purple Holdings Inc. as its software development arm. It is responsible for all software development activities under Purple Holdings Inc., including holding any intellectual property rights associated with said software.


=== Purple Holdings Inc. ===
Unlike the other companies, Purple Software Inc. is registered not within Solstice, but within Republic of Quebec. This is with the goal of avoiding Solstan regulation pertaining to software, particularly the [https://docs.google.com/document/d/1atGK8ez4TyzWG59VrGoC9hNAow0dleQtQ_xv7nmzR0U/edit Software Freedom Act].


Purple Holdings Inc. was founded on {{#dateformat:22 December 2023}}, and all shares in Purple Inc. got transferred to it. Purple Commerce Inc. was founded as a subsidiary of Purple Holdings Inc. for the purpose of being able to do business with other entities without being constrained by the Solstan constitution's limit on the power that provinces have.
Purple Software Inc. exclusively licenses its software to Purple Commerce Inc., which is then responsible for distributing it.

Revision as of 19:18, 22 February 2024

I COULD HAVE DONE THAT 67% FASTA! This article is a stub. You can help by expanding it.

Purple Inc. is a company, as well as a province of the Solstice Federation. It is owned by Purple Holdings Inc., which also owns other subsidiaries under the Purple umbrella. Purple Holdings Inc. is entirely owned by Ashe, who is also the chief executive officer and sole board member of Purple Inc.

Structure

Purple Holdings Inc.

Purple Holdings Inc. was founded on 22 December 2023, at which point all shares in Purple Inc. got transferred to it. Its sole purpose is to own other companies under the Purple umbrella, enabling it to carry out activities that may be impractical or legally impossible as a Solstan province.

Purple Inc.

Purple Inc. was originally founded as a non-corporate Solstan province under the name Unnamed Solstan Province on 10 December 2023. At the same time, the Provincial Court of Unnamed Solstan Province was established, with its chief justice being Ashe.

The province was formally incorporated as Purple Inc. on 20 December 2023, becoming the first corporate province of Solstice Federation, and was 2 days later made a subsidiary of Purple Holdings Inc.

Purple Commerce Inc.

Purple Commerce Inc. was founded on 22 December 2023 as a subsidiary of Purple Holdings Inc. for the purpose of being able to do business with other entities without being constrained by the Solstan constitution's limit on the power that provinces have.

Purple Software Inc.

Purple Software Inc. was founded on 22 February 2024 as a subsidiary of Purple Holdings Inc. as its software development arm. It is responsible for all software development activities under Purple Holdings Inc., including holding any intellectual property rights associated with said software.

Unlike the other companies, Purple Software Inc. is registered not within Solstice, but within Republic of Quebec. This is with the goal of avoiding Solstan regulation pertaining to software, particularly the Software Freedom Act.

Purple Software Inc. exclusively licenses its software to Purple Commerce Inc., which is then responsible for distributing it.