Alto Group Holdings Inc fka ALTO (ALTO)

[PennyStockDabbler]

Someone's buying EXLA's shell, ALTO owns half ofEXLA

Anyone remember ALTO owns roughly half of EXLA?

EXLA was started by the people who ran Alto Group Resources.

When EXLA was formed, ALTO sold its share in Excelsior mine to EXLA for a fair proportion of EXLA's stock.

If someone's buying up EXLA's shell, ALTO is going to have a lot of assets, whether or not it's revoked as a publicly traded corporation.

IIRC, when I crunched the numbers, I found that even if all of ALTO's other money making activity was assumed to be defunct, anything that happened to EXLA's share price was going to result in ALTO becoming worth something like 1/60 of EXLA's price because of how much of EXLA was owned by ALTO.