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Tuesday, February 01, 2022 10:55:06 AM
You just don't typically see anyone bringing Capital, assets, and valuable businesses into dormant essentially worthless shells and just gifting everything to the holders of the shell. Shells like this are everywhere and can typically be purchased for anywhere from $350,000 - $800,000. Investors can profit from obtaining control of an existing publicly traded shell if they can acquire one for less than it would cost in legal, investment banking, and CPA firm fees to go public on their own and complete an IPO.
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