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Re: hestheman post# 81889

Thursday, 12/18/2014 3:25:15 PM

Thursday, December 18, 2014 3:25:15 PM

Post# of 222024
we never said Dr. Shiong's intent from the beginning was to own a clean, debt free shell. But now that he does.....one does not just abandon a clean shell that has value.

What value does it have? Had it not been deregistered, it might be worth as much as $500K, though that could be a stretch. As it is, it'd bring considerably less.

Shells cost less these days than once upon a time. Increasingly, the SEC looks askance at reverse mergers, because they so often result in various kinds of scammery, including pumpadump operations.

Much better--and not all that expensive--to start from scratch.

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