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Re: None

Thursday, 01/06/2011 6:19:57 AM

Thursday, January 06, 2011 6:19:57 AM

Post# of 7027
So I guess there is nothing left but a nameless shell company

this is effectively a company that exists but does not actually do any business or have any assets. The most interesting type of shell company (to investors) is one that has a listing. This is a listed shell, and is almost always what is meant by a reference to a shell in an investment context.
Given that it takes time and money to obtain a listing, a listed shell has significant value even if it does not have any assets. Listed shells are therefore often the targets of reverse takeovers.

as i see it ...our only hope is a reverse takeover where this shell can be used for something else whereby our shares would be worth more than 2nd hand toilet paper...

not sure what the odds of that are ...my guess is a zillion to 1

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