Asyst Technologies, Inc. (fka ASYTQ)

[trader53]

The Cost of a "Non-trading Shell" >

ASYTQ has $372,052.60

As of December 31, 2011 the consolidated balance in the Asyst Liquidation Trust checking and savings account was $372,052.60

Chapter 11 Bankruptcy Case, NOT closed yet.
http://dm.epiq11.com/ATI/docket/Default.aspx?rc=1





Types of Public Shell Companies

> The Cost of a "Non-trading Shell"

"Pink Sheet", often referred to as "pinks", shell companies are listed by the National Quotation Bureau (NQB). Neither the NASD nor the SEC require Pink Sheet companies to maintain current reporting status nor undertake costly annual audits. Pink Sheet shell companies also come in various forms and packages, including some that are currently trading and others that are non-trading.

Cost: (non-trading) $50,000 - $150,000, plus 5 - 20% retained equity ownership


The most popular type of public shell for conducting a reverse merger is the OTC Bulletin Board public shell vehicle. The OTC Bulletin Board is operated by the National Association of Securities Dealers (NASD) and requires that all companies whose stock is traded on the OTC Bulletin Board (or Nasdaq or Amex) maintain their current reporting status with the Securities and Exchange Commission (SEC), which includes current audited financial statements. OTC Bulletin Board shells come in various forms and packages, with some currently trading and some non-trading.

Cost: (non-trading) $150,000 - $250,000, plus 5 - 20% retained equity ownership


http://www.stagfinancialgroup.com/shells.htm