IFAN Financial Inc (IFAN)

[Starlost]

Due to today's poor economy, I'm sure the IFAN shell sold at a huge discount. There are too many empty shells out there now looking for an individual/company to buy them. It's all about supply and demand. Shells are not in high demand right now due to the poor economy. Private businesses have been ravaged by the pandemic.

I'm sure 8 Mile Larry didn't pay near as much as some think.

"Buyers of shells may be inexperienced small business owners looking for a quick and easy route to public status, or, as the SEC suggests, they may instead be fraudsters seeking cheap vehicles they can use in pump and dump operations. One thing to keep in mind when drawing conclusions about the buyers of these vehicles is that legitimate small businesses going public are penny stocks and the management of these small businesses typically have little or no experience in the public markets."

https://www.securitieslawyer101.com/2018/custodianship-shells-and-reverse-mergers/

I'd be surprised if IFAN sold for more than $100,000