Wednesday, February 17, 2021 9:27:40 AM
What competent and honest businessman would make that choice?
“ What Is the Difference Between Messy Shells and Dirty Shells?
A messy shell is a shell company that has no questionable or unsavory activities, but has disorganized recordkeeping and filings. In other words, it is often difficult to obtain the records of such a company, and it is not easy to verify its deals and transactions. The unavailability of, or inaccessibility to, it official records and filings complicates investigating what has actually taken place in the shell prior to a planned merger transaction. Messy shells may also be slow or behind in their SEC submissions. Consequently, ownership of their shares may be uneasy, and potential buyers or partners may be compelled to trace and locate every securities issuance since foundation for verification.
On the other hand, a dirty shell is a shell company that is characterized by having questionable players, transactions, actions, plans, etc. Having fallen victim to deceptive players’ actions, a shell company may see its desirability to a merger partner decreases. Whenever any entity is contemplating a merger with a public shell, one of the most important factors to take into consideration is whether the public shell company is “dirty” or “clean.” A “dirty” public shell has a great deal of external and internal problems so as to make it a disagreeable merger candidate.
In a nutshell, in a messy shell, as opposed to a dirty shell, no unsavory activity is suspected.”
https://www.investment-and-finance.net/investment-banking/questions/what-is-the-difference-between-messy-shells-and-dirty-shells.html
Which does MTVX sound like?
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