Exactly bud and with the divestiture of their JetEngine(TM) Business Planning Suite ASYI fits this category. Also the audit issue will be taken care of by Anslow & Jaclin's auditors in the 'cleansing' of the shell stage in the RM process (this has probably already happened imo). It's all about those $28M in NOLs that makes ASYI so attractive as a RM target! :)
A variation of a Public Shell is a Public Company that recently divested all its business in an asset sale but has a clean unbroken history of audits, filings and stock ownership as well as reputable attorneys and accountants who were involved. Technically it may be a Public Shell, but if the divestiture is recent, it is in a completely different category (and has been termed a “warm” shell).