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Jupp Jellies runs a large operation on Saturn under a separate corporate entity, Titanic, Inc., and an independent local management team. However, all strategic decisions are made by the home company. Titan had reported a net income of $1,700,000 for 2018, a capital structure of 225,000 common shares with a contributed capital of $5,500,000; and 200,000 cumulative preferred shares with a contributed capital of $2,000,000. Preferred share holders would receive a minimum dividend of $2.20 but held participative rights in the distribution of excess dividends. The last dividends declared by Titanic were in 2014.
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