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Charlie's AngShells RSS Feed

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Good Morning Charlie ============================================================ Basically, a Shell Stock Is a public company that no longer has any business. It retains its capital structure with the intention of a reverse merge into a non-public company with an on-going business. This merger creates a new company that is both public and generating revenues. Why would a private company want to merge with a shell stock? The goal of the private company is to become a public company. The traditional method of a private company becoming public is very expensive. While becoming public with a merger is less inexpensive and very quicker. The Securities and Exchange Commission refers to Shell Stock as a "Blank Check Company". There are two types of Shell Stock. Reporting and Non-Reporting. Reporting reports quarterly to the SEC. They are audited annually. Non-Reporting forgo any reporting at all to the SEC. Keep this in mind. The SEC will always inform you about the doings of a Reporting Stock. On a Non-Reporting Stock you can only go by the amount of information that is given by the company. Most investors buy Shell Stock when there are rumors of a merger. Opinions expressed on this board are just that. Opinions. We are not licensed brokers.
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