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Hydrospirit

12/16/10 3:12 PM

#38363 RE: Hydrospirit #38357

Not only a clean shell, but a clean, reporting shell? Am I missing something here?
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Spymaster3

12/16/10 3:13 PM

#38365 RE: Hydrospirit #38357

Ask them. And valuable is relative. Shells don't cost a lot. Maybe they wanted to see their old shareholders recover a little of their money and maybe they didn't understand they could have gotten $100,000 or $200,000 if they marketed it.

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Steelman2

12/16/10 3:30 PM

#38396 RE: Hydrospirit #38357

They didn't.
This was from Hdog's post earlier.

Stan Paid, 3.1 Mil For TRDY SHELL!! The difference of $3,122,884 was recorded to additional paid in capital due to the primary debt relief in the transaction being debt owed to a related party.