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JellyDonut

12/11/17 5:17 PM

#14484 RE: rawman #14483

Yup, still no link and your explanation is wrong.
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JellyDonut

12/11/17 5:18 PM

#14485 RE: rawman #14483

It is a shell by definition. Nice try.
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JellyDonut

12/11/17 5:22 PM

#14486 RE: rawman #14483

A shell corporation is a company which serves as a vehicle for business transactions without itself having any significant assets or operations.

The U.S. Securities and Exchange Commission defines a "shell" company to refer to a publicly held company with no or nominal assets other than money.[9]

No registration needed as a shell describes a type of corporation. Again, please learn what a shell is.
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JellyDonut

12/11/17 5:26 PM

#14487 RE: rawman #14483

Yup, your wrong. See, I post links. As defined in Rule 405 and Rule 12b-2 of the Securities Exchange Act of 1934, a “shell company” is a company that is now, or at any time previously was, a company with no or nominal operations, and any one of the following: no or nominal assets; assets consisting solely of cash and cash equivalents and other nominal assets.