Replies to post #107477 on Protagenic Therapeutics Inc. (PTIX)

[iheartweimers]

I cannot cite the source, but I recently saw a SEC document
where they estimated the value of the average shell was in
the neighborhood of $400,000. That was for "clean" shell
that could be reinstated with the state of incorporation for
a fee. In NV, I believe the fee is $25.

[Jacquespluto]

http://www.prnewswire.com/news-releases/mplc-inc-bankruptcy-administrator-announces-a-one-time-cash-distribution-of-bankruptcy-proceeds-55500817.html


They had about 4M assets vs. 146M liabilities. ATRN last reported 14M assets vs. 20M liabilities.


http://www.sec.gov/Archives/edgar/data/1022899/000119380505002551/e501268_10qsb-mplc.txt