GTE, this is where you are wrong and have been misleading people on this board. Shell companies cannot create new shares and sell them and raise capital unless they are a reporting company. They can only trade shares. Most shares of a shell company are restricted from even selling their own shares. To create a non-restricted share it can only be done from debt or becoming a reporting stock. Believe me, many a pink stock have created free trading shares from debt and give to a promoter in hopes of getting some return. From what I've experienced, the promotors run it up or dump it and keep all the funds for themselves.