PAO Group Inc (PAOG)

[rca]

The way they usually do it is they sell the preferred stock, but make them contingent on a future payment such as $200,000. If that money doesn't come, then the preferred shares can be repossessed. It's usually known ahead of the game that the payment would not be forthcoming. During the time, there's a vig on the commons that are sold paid to a nominee of the actual shell owner. It has to be carefully structured.

On the other hand, the Kistler group may very well have bought the shell from Paul Taylor.

Either way, we know what the Kistlers are and we know what Paul Taylor is.