Lol, even filing companies do this trick and get away with it ... I know a guy that pulls all kinda stuff with 4 or 5 shells, he takes turns p&d-ing them and shifts shares all over the place to dump 'em, and has inter-company 'debts' that are often forgiven. Spiffy shell game, pretty legal too ... an on OTCBB with a coupla Canuk companies thrown in the mix, quite a web to dig out what is really happening.