How Membership Shares in an LLC work

LLC. Limited Liability Corporation. A privately owned Corporate Entity that sells a product or service. Also has the ability to generate operating revenue through selling Membership Shares to people who then become Member Shareholders. These shares do not give you management privilege they simply give you the opportunity to profit or loss along with the entity in question.The ultimate goal of an LLC is to be so successful that the company outlives its profit potential as an LLC and in order to continue its growth and profitability it must change corporate status to full corporation at which time it is publicly traded on the stock exchanges and the exchange negotiates an opening price for shares based upon previous company growth precedent and similar companies performance records.Once ALL of the existing LLC Membership Shares are sold. Then the LLC can begin the process of Filing the legal paperwork to become a FULL Corporation. So as a member your responsibility would be to promote this LLC and all it does to your fullest abilities so that it grows super fast and becomes a FULL corporation as quickly as possible because then opening day will see a large return on your original investment.DISCLAIMER: Investing is RISK never risk more than you can comfortably afford to lose. Nothing is a sure thing and speculation is far from it. Research past company performance. Ask for numbers that corroborate the share sales members. Look up company growth numbers. Then make an informed decision. I am not a financial advisor nor am I a paid representative of YoreSpot LLC or any of its affiliates. Invest with Caution.