JB and ZJMY Holding Co (JBZY)

[Chaddy]

I like the sound of this, and it makes sense, however, forgive me if this is sounds ridiculous, but is it not a bit strange that they are hawking a stock name that doesn't officially exist yet?

Wouldn't this classify as insider information? Knowing that the base rate for a stock is going to be over .10, announcing to your staff to buy in before it goes up, release the name of the company prior to launch, etc?

Maybe it doesn't, as we can buy into the shell at a much lower rate right now so it evens out, but it is still a bit strange that they have announced the new stock name. Why not just tell your staff to buy into the shell now before the ticker change?

How would they actually go about buying into something that doesn't officially exist?