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jerseyboy

10/27/07 10:37 AM

#643 RE: Long-vestor #642

It would partly depend on what you put in the shell, but I might buy it sight unseen at a low price if the float were low enough as it is here, anticipating that either 1.) You had valuable assets to put in the shell and/or 2.) You had a good story with which to pump the stock. Either way, you wouldn't be reactivating the shell for any other purpose than to make money, and if you make money under that scenario, so do the shareholders who buy into the shell at low price levels.
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Phoenix-Rising

10/27/07 11:05 AM

#645 RE: Long-vestor #642

every holloween mystery has clues......

http://www.resiliencecapital.com/
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investwise4858

10/27/07 11:23 AM

#646 RE: Long-vestor #642

Long-Vestor

Every shell is a bit of a "mystery" as you have described GWOW. The "mystery" is what firm will reverse merge into the shell and when.

This particular shell is a formerly traded NYSE issue. It is a very attractive shell because of the very low amount of shares outstanding.

It has the lowest share structure and the only NYSE stock that I have come across where the assets were liquidated and subsequently had their BK dismissed. There are a couple of other attractive situations similar to this, but those firms are still in BK and are under the jurisdiction of the court. GWOW has been dismissed from the court effective the end of September.

If you are not aware of shell opportunities I would suggest visiting a few of the shell boards here on Ihub for starters.

Shell hunters look for a few things:

Recent SEC filings, corporation reactivations within the domicile state, and other verifiable information. Corporations are reactivated for a reason, many shell hunters watch for these signs that something of interest is about to occur.

Take CSBR as an example, this was a shell for years and suddenly they found a good match businesswise. This stock we purchased in January way below .10 traded over 2.00 per share just this past week.

Several things have happened that pertain to GWOW that are of significance and occured very recently. Those facts are highlighted in the IBOX.

Your statement that you were the CEO of a MO corporation that could be reactiviated and brought public is interesting. Was your corporation public before it's demise? If so, where did it trade and what is the trading symbol. If the corporation you mention was not public, you are comparing apples with oranges.

If you have a momment, look into how folks research shells and how shells have varied values dependent on share structure and other important details such as former trading venues and the like.

Thank you for your interest.