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Re: BearRickPunch post# 78353

Friday, 12/10/2021 2:30:06 PM

Friday, December 10, 2021 2:30:06 PM

Post# of 84386
It's a shell. You know this by your statement, NECA was a shell by definition and now it has been taken over by a private company that has assets, going public and will change the name and ticker to better suit their company.

The term “shell company” is narrowly understood as a public limited company which has largely ceased its operative business but whose stock exchange listing still exists despite minimal sales turnover. ... The stock exchange listing of the shell generally represents the deciding value for potential buyers.

https://www.listedshell.com/#:~:text=The%20term%20%E2%80%9Cshell%20company%E2%80%9D%20is,exists%20despite%20minimal%20sales%20turnover.&text=The%20stock%20exchange%20listing%20of,deciding%20value%20for%20potential%20buyers.



$NECA