Remote Dynamics Inc (RMTD)

[Skyline]

Is it possible for a private company to simply own a shell company without going public? Wouldn't the purchase of the shell require some sort of disclosure to the shell shareholders via 8K and compensation? What if Cozzens still owns the shell and is being paid by Telogis to keep it active since RM is their route but didn't want to disclose anything so only bought the assets first. Would explain no litigation or investigation by the SEC since RMTD simply ceased operations and stopped filing.

I'm probably all sorts of wrong someone please correct me.