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Anvil

03/01/15 3:11 PM

#96198 RE: Green Money 00 #96197

It is a shell as there is no operating business under TYTN, the public company. Which is no problem, except if a new company wanted to merge into the public vehicle, there is now way to raise capital, unless it get 2 years of audited financials and file an S1 (costly and time consuming).

what company, that doesn't need to raise capital via shares, would want to merge into a tainted shell?