InvestorsHub Logo
Followers 30
Posts 5708
Boards Moderated 0
Alias Born 02/13/2019

Re: brand0nnn post# 8224

Monday, 03/25/2019 11:19:23 AM

Monday, March 25, 2019 11:19:23 AM

Post# of 38310
I am also in cxcq, it now has the shell listed...

A Shell Company is a company, other than an asset-backed issuer, with no or nominal operations and either 1) no or nominal assets; 2) assets consisting of cash and cash equivalents; or 3) assets consisting of any amount of cash and cash equivalents and nominal other assets, as defined by Securities Act Rule 405 and Exchange Act Rule 12b-2. SEC reporting companies designate their shell status in their periodic filings.

Shell

The Shell Risk designation indicates that a company displays characteristics common to Shell Companies. This designation is made at OTC Markets’ sole and absolute discretion based on an analysis of the company’s annual financial data and may differ from issuers’ self-reported shell classifications in their own public filings.

Shell Risk