Tuesday, February 08, 2011 8:34:55 PM
Well, you must know a whole lot more than me, Brit, because you're going to have to explain this to me.
when you purchase a shell, you would normally look to purchase a shell with some debt, this gives you the ability to issue shares which may be offered to a lendor in exchange for a loan to pay of some of that debt and enable working capital.
Are you saying a company can't issue shares, otherwise? Or that they can't use the issued shares for some other reason than paying off the debt they took on from the shell?
Make some sense of that to me, will you?
when you purchase a shell, you would normally look to purchase a shell with some debt, this gives you the ability to issue shares which may be offered to a lendor in exchange for a loan to pay of some of that debt and enable working capital.
Are you saying a company can't issue shares, otherwise? Or that they can't use the issued shares for some other reason than paying off the debt they took on from the shell?
Make some sense of that to me, will you?
"Give 'em the old Razzle Dazzle.....razzle dazzle 'em"
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