After meeting with the accountant today, I can now say Tricky Owlbear Publishing, Inc. (more specifically, S-Corp) is a-go! The acct. was friendly and informative (at least for me). Once the paperwork is complete (and our several hundred dollars received), I will assume presidency with Scot as secretary of the endeavor.
We're definitely planning on three releases for our grand opening (besides the 36 Behind the Spells that will shift under TOP's umbrella at RPGNow). BtM: Owlbear will be our free pdf. BtM: Xorn and a new Behind the Spells (Vampiric Touch) will be the other two premiere pdfs. Now, it's back to work!