Zhong Nong Yuan Fang Holdings Inc (ANAS)

[Scumbag Fraudsters]

Yeah right.

Many times I've seen a new owner step in and announce big plans.


There's a plethora of shells for sale at any given time.
Many have bagholders who've been waiting, praying, for years for some private company to come along and resurrect them.

Sometimes when that does occur, the new company discovers the share structure is so messed up that they're unable to use the shell, and abandon it.

Case in point: One shell was bought by an investment company run by Kevin Harrington of Shark Tank. Bagholders thought they were gonna be rich - kept saying how everything he touches turns to gold.

Well, not everything. Soon after buying it the CEO tweeted this:



So they bought a shell without checking it out first - something a wealthy businessman like Harrington should know better than.
The stock went nowhere, and now the CEO, Harrington and a bunch of others are being sued for fraud.



Another dormant shell suddenly got a PR in October 2019 that said they were acquiring a Canadian company.

We anticipate that the acquisition should be completed within the next 60 days. In addition, [the company] has just completed two years of audits itself in preparation for filing a Form 10 with the SEC.

While some shareholders got excited, I didn't believe a word of it and called BS. And that's the last anyone has heard from the owner who published that letter more than 6 months ago.



ANAS is no different.
It was already used in one scheme and is possibly being set up for another.

When there are so many shells available for sale, there is no reason to expect a legitimate private company to pick yours out of the cesspool. Usually when a new owner chooses a shell that had previously been a scam, they intend to continue using it as a scam. At least that's what I've seen.


The fact that ANAS is current is a plus, but some of the scams I invested in were current when they stole my money.
And now they aren't.



DON'T HOLD YER BREATH!