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realstocksarentpinks

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realstocksarentpinks

Re: FELLER post# 69627

Thursday, 12/05/2013 4:48:30 PM

Thursday, December 05, 2013 4:48:30 PM

Post# of 81315
A pink sheet shell costs about $125K right now. It is a lot cheaper than buying one on the big board which goes for $350K or creating a new company...

So, yes it does happen, just that most times the new company talks a lot, dumps shares and then bails.

The problem for this company is that the people involved with the company not names Stephane Bilodeaux (sp?) are known for using shells to just P&D, so buyer beware, IMO.
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