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Ephemeral Rook

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Ephemeral Rook

Re: None

Wednesday, 06/18/2014 9:03:57 AM

Wednesday, June 18, 2014 9:03:57 AM

Post# of 221432
Is it illegal and to what degree for lets say a ceo of company X to buy a shelved company Y for a few thousand dollars, imbue company Y with something of worth (such as a reseller agreement it had just acquired from a third company Z) and then have company X 'acquire' company Y for over 1M dollars worth of shares? Thanks for any insight into this scenario.

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