Avvaa World Health Care Products Inc (AVVH)

[I-Glow]

What SSM did is the definition of Shell hijacking. Shareholders shouldn't be so naive about what is going on.

I don't know of a single hijacked shell that worked out for those that believe the hype.

"The hijackers obtain control of the public entity by committing fraud either by lying in state court pleadings or in secretary of state corporate filings. Upon identifying the hijacking target, fraudsters may engage in some or all of the following in order to obtain control of the public shell company:

File a state custodianship or receivership action where the entity is formed using pleadings that falsely state among other things, that the custodian or receiver has not regulatory background or disciplinary history and will reinstate the operations of the issuer or take actions for the benefit of the existing shareholders."

"The “Legal” Heist

This method is a favorite of seedy–and sometimes disbarred–lawyers. It involves using an unsuspecting state court judge to facilitate the scheme. This is probably the most egregious of the frauds committed by corporate hijackers because it is an abuse of the state court system in which fraudulent statements are made to a judge. To pull it off, the seedy lawyer files bogus state court receivership or custodianship actions, which are then used to reinstate the defunct company."

IG