
We would like to provide an important update regarding the tax reporting status of Vimvest Holdings LLC, which has now transitioned to Monorail Inc., a C-Corporation.
As part of this transition, the company completed a conversion from an LLC (pass-through tax entity) to a C-Corporation, now operating as Monorail Inc. As a result of this change, shareholders will no longer receive Schedule K-1 forms associated with pass-through entities.
Because the company is now taxed as a C-Corporation, income and tax obligations are handled at the corporate level rather than passed through to individual shareholders. Therefore, you do not need to wait for a K-1 from Vimvest Holdings LLC or Monorail Inc. in order to complete and file your personal tax returns.
If your tax preparer or CPA requires confirmation of this change, please feel free to share this notice with them. Should you have any questions or require additional documentation for your records, please do not hesitate to contact us.Thank you for your continued support.
Phillip Dickson
Chief Executive Officer





















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