Global Innovative Platforms Inc (GIPL)

[TheHappyVulcan]

How can a company which has not yet commenced operations have liabilities and losses? Further, what has been the overall objective of this extraordinary reorganization of entities only to end up with no operations, no likelihood of successful operations, no plan to do anything except reevaluate tax loss and carry-forward potentialities while never activating any income source to finance potential operations?

Is this how a typical shell exists? If there is anything truly resembling a business plan here, I cannot suss it out. Can anybody else?