Friday, December 10, 2021 10:39:43 PM
Example - PDPR
PDPR, "Marathon Group, Inc" was a shell bought from the the original ticker company Pediatric Prosthetics, Inc., hence the ticker name, a medical sector company. After that company went under, "Marathon Group" bought the shell and turned it into a "software development company" (one guy in his spit-level single family house in Waterbury, CT, "corporate offices") that also had an "internet CBD store" (that featured about 3 products and no way to buy them on the store). Nothing to do with the original company or sector. A P&D front, like FTWS, which according to FAA records, never owned the famous "Jet" they bragged about, or even part of any aircraft ever. They also went Grey this year.
PDPR was then P&D's a few years until 2021, when de-listed by the SEC for non-filing compliance. The juice was squeezed from the lemon.
DGTW will run a similar course, be bought during liquidation by one of the creditors insiders as part of the "Chapter 7 liquidation settlement" (easy to make the $3 M back that way, reborn as a new P&D. That's the game. Not exactly "dunzo," but it may go flatline a long time for them to get the shares back. It's what I would do, kill it, 0001, stock up, pump it as a new company a year or two from now.
It's the cycle of these shells. Not "dunzo," just more "funzo." I'd buy the DGTW shell, give it a fun name like "Dogtown," a make over with some pet or tech angle to make it cool, add a slick website, and...away we go! Who wouldn't buy in? Bang! Stay tuned...
Happy trading!
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