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Saturday, May 08, 2010 2:27:31 PM
It doesn't actually do anything. It and other shells are pitched as a way for small companies (which may or may not exist, it's not really important) to "go public" without having to go through the "hassle" of an IPO. The A/S is inflated to max possible, and large chunks of shares are handed around to settle liens, or make former principals happy, whatever. Then the shares are pitched to the public in the hopes that some kind of heat can be generated, bringing in a bunch of "investors" eager to buy the stock as it begins to go "To Da Moon!"
Unfortunately, unless you bought it early and are disciplined enough to dump it when the urge is most overwhelming to buy it, the only part of the moon trip you get to be on is the burning up during re-entry part.
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