The bottom line is that with 10-30K you can take over a ticker/company but you also have to worry about TA Debt and possibly prior note holders. If you can pay TA and other licensing and debt for like under 10-15K and spend another 5K on a lawyer you can turn around a dead ticker and market cap it to be worth over at least 100K. If its clean like super clean you can sell a shell for over 200-250K. If it is dirty then for less. Some people try to hide prior debt/notes when selling it off to the public while the seller (custodian) and the buyer (new CEO/company) know about the debt and take advantage of it (LDSR) or sell the ticker to a new holder with a clean slate (NUGS) sort of.
100% risk in Shell plays. And they usually take time (lawyers push things when they know they can get through the courts without follow up motions)
People like William Alessi don't like paying lawyers to contest that is why they draw out the later stages of the process or abandon them when costs too much money (until a later time when prior management or debt hurdles are not problems)
I am seriously looking into this - I am waiting another year or so to see how this plays out at the SEC then I might consider making moves as just opposed to playing the tickers.
FYI as of late the majority of Hijacks are front-loaded empties or debt bombs (think Baumann group, Lazar, Chen, Long, Custodian LLC, Rhonda, and others). Alessi still has time to shine even if he is taking his sweet time.
AI
