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Friday, October 20, 2017 7:11:46 PM
No it isn't. Not if they simply go public as an SEC registrant on the OTC. The chief expenses of that are preparing a Form 10 or S-1, and the cost of the audit.
If you buy a dark shell with the intention of becoming an SEC registrant, you're ADDING the cost of the shell to the costs of the initial registration statement and the audit.
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