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rocky822

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rocky822

Re: Big Mur post# 538

Tuesday, 01/02/2007 3:55:32 PM

Tuesday, January 02, 2007 3:55:32 PM

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Shell Corporation

A corporation without active business operations or significant assets.

Shell corporations are often formed before commencing operations to obtain financing. Sometimes, they may be used as a front in tax evasion.

http://www.investopedia.com/terms/s/shellcorporation.asp

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