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Saturday, May 16, 2020 12:59:22 PM
When a custodian comes in and takes control of the shell company, they most likely clean it up with hopes of finding a private company looking to reverse merge into the shell. The excitement, anticipation and speculation of someone putting a new business and assets into the shell draws penny investors into these lottery style plays. OTC investors call these “lottos”, because the risk to reward potential is significant.
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