That isn't how a real business operates - a real company builds a business then goes public.
OTC scams use a hijacked shell that is a empty shell and makes promises of all of the great things they are going to do - but the reality is that they are in the share selling business.
I have never seen a hijacked shell used by a real company to go public.
"GQC is Corp. Like any other Corporation, it needs capital to operate.
The people who opened the corporation had a reason for opening it.
I don't think you ever owned a business or opened one up. After you file the papers and get your Certificate of Incorporation, you open a bank account. Then you put your hands in your pocket take out money and you deposit it. It doesn't come from God. It comes from the people that opened it. You can deposit $1.00 or $50,000,000.00. It's called a Capital Investment. Now the company has money to operate. That's how it works"
You don't have any idea about how a PubCo operates - I have been involved with 3 public companies and taking businesses that were private to public - the first we listed on Nasdaq and by that time our revenue was over $250 million per year.
We certainly didn't use a hijacked shell to go public.
The cost of a audit in 2002 was over $300,000 to list on Nasdaq.
We did a private placement to raise money to go public and those were our initial investors and they did very well.
And opening a Corporate Bank account is extremely easy.
On the next company we raised $225 Million from Wall Street but we started with contracts of over $750 million on the Balance Sheet.
Hijacked shells are always scams.
Krisa/Cooley has been very quiet recently. And all of the SSM Monopoly hijacked shells aren't doing very well.
Why didn't Sanchez take GQG public - that seems very odd.
IG
The First Casualty of Emotion is Reason.
