Well I for one have always said they inherited whatever problems that the shell had because changing the name of a company doesn't change anything. I've tried to explain that numerous times. But, of course, the reason companies buy these dirty shells are because most people don't do anything about the past.
What I'd like to do is create a company that finances litigations of pink sheets stocks. The defrauded investor would then assign his rights to the company which would then hire legal counsel and launch a class action suit. I think the market is so bad that we could literally become the real enforcement group since the SEC seems to have no motive to do anything.
As to TSXT, the current share price of say $.15 is equal to .00035 of old IBCX shares calculating in the dilution. Now, alot of people paid alot more than that for IBCX knowing the history. Here, the company is alot more exciting than two hotels and two restaurants. Yet, people don't want seem to want to bite. But I think it might surprise peeps where the price might ultimately end up. It'll take some time, and some baby steps completed. We'll see.
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