InvestorsHub Logo
Followers 6
Posts 402
Boards Moderated 0
Alias Born 07/21/2012

Re: CarloRoberts post# 7186

Sunday, 09/16/2012 1:26:41 PM

Sunday, September 16, 2012 1:26:41 PM

Post# of 11811
It was not a shell as defined by the law since it was always considered operational but we purchased the company less it's operations and assets. In this forum to avoid a winded reply I used a word shell however the company always had active operations so it cannot be defined as a "shell company" legally under SEC rules.
Posted from my IPhone