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Tuesday, 05/22/2012 10:54:21 PM

Tuesday, May 22, 2012 10:54:21 PM

Post# of 74729
My friend, Mer-Man is an expert on all types of shells--- sea shells, snail shells, turtle shells, and even shell companies. He said--Typically, a RM into a shell company costs about 100K, which is about a quarter the cost of an IPO. They made a loan for 70K. Yes, that's a lot of money and is it a coincidence that it's for that amount considering the cost of RM a private company into a public company. ASYI filled filings to keep it current for a good reason. When Skelator bought Snake Mountain, the value was very low and I told them they have to clean it up for me before I buy it, but when I moved in, everyone knows who Mighty Skelator is so the value of Snake Mountain real estate skyrocketed exponentially. The same thing will happen here with ASYI and KoolTel.


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