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Re: Argonaught post# 45546

Thursday, 02/20/2020 1:18:51 PM

Thursday, February 20, 2020 1:18:51 PM

Post# of 45833
Shells? I count at least 10. Even the ones that claim to have a real business and are current I consider shell scams and nothing else.


Even though several do not fit the SEC definition of a shell, the companies all have or had huge SG&A expenses and if one looks hard the biggest expense is : Executive salaries and general support.