InvestorsHub Logo
Followers 1
Posts 11
Boards Moderated 0
Alias Born 06/05/2018

Re: OTCDEMON2 post# 29989

Wednesday, 06/13/2018 4:54:08 PM

Wednesday, June 13, 2018 4:54:08 PM

Post# of 99728
What is a 'Shell Corporation'
A shell corporation is a corporation without active business operations or significant assets. These types of corporations are not all necessarily illegal, but they are sometimes used illegitimately, such as to disguise business ownership from law enforcement or the public. Legitimate reasons for a shell corporation include such things as a startup using the business entity as a vehicle to raise, funds, conduct a hostile takeover or to go public