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Here's the OTCmarkets website definition of a shell:

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Stock_Barber Member Level  Friday, 08/21/20 09:07:37 AM
Re: BeardOfWallSt post# 1615
Post # of 1636 
Here's the OTCmarkets website definition of a shell:

"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."

EVUS is a shell!



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