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DragonBear

12/18/14 2:12 PM

#81919 RE: hestheman #81889

But now that he does.....one does not just abandon a clean shell that has value.

And the value is what?

What is the value of a pink shell where the company it was associated with, sold off all assets of worth? The value of it is the value someone will pay to buy a Pinky with non-registered stock. The going price is around $100K. Divide 25M shares into that, and see how much each share is worth.

But this Pink shell R/M fantasy gets better. One has Dr. Soon one of the principal or possible majority or sole owner of one of his private companies. He owns a majority of KEYO stock potentially worth 0.004/shr if an offer of $100K comes in to buy the shell. One has Dr Soon of private company XXX making an offer to Dr. Soon majority holder of KEYO. He would be sitting on both sides of the table. Dr Soon offers Dr Soon 0.00001/Shr, and Dr Soon accepts Dr Soon's offer. He finally gets to close his KEYO stock with a tax write off. SHs with an ave cost of 02 get back 00001.

Now all one has to do is wait for a Dr Soon to actually perform a R/M. Something he hasn't been interested in doing with KEYO for the past 3 yrs. Thus far, it's the usual microcap wild speculation over nothing.

janice shell

12/18/14 3:25 PM

#81930 RE: hestheman #81889

we never said Dr. Shiong's intent from the beginning was to own a clean, debt free shell. But now that he does.....one does not just abandon a clean shell that has value.

What value does it have? Had it not been deregistered, it might be worth as much as $500K, though that could be a stretch. As it is, it'd bring considerably less.

Shells cost less these days than once upon a time. Increasingly, the SEC looks askance at reverse mergers, because they so often result in various kinds of scammery, including pumpadump operations.

Much better--and not all that expensive--to start from scratch.