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Re: piratica post# 22979

Wednesday, 10/01/2014 10:36:52 AM

Wednesday, October 01, 2014 10:36:52 AM

Post# of 23623
There's always value with shell companies. Even shitty ones get bought up b/c private companies are always looking for a fast track way of getting publicly listed (reverse merging).

The problem with this shell is Bruce Pollock, Martha Pollock, Kenny Davidson, Craig Huffman, Gordon MacKay, Jason Watson's fingerprints are all over it, and there's a state level investigation and a pretty decent sized federal investigation going on. I should note that other companies are being investigated as well that Bruce Pollock and his gang were involved with, and their time is running out. 2nd strike for Bruce will most likely end up with him getting a prison sentence.


Oh, and there's also those GESI PPM contracts that went out. Regardless of who takes over the shell, they still have to pay shareholders what's owed to them as mentioned in the legally binding contract that the company signed.

Not many people would want to take over a shell knowing that the shareholders will win in civil court, and that the feds are also involved.