A company that is in the development state. In its business plan, the company’s aim is to merge with some...

A company that is in the development state. In its business plan, the company’s aim is to merge with some...

A limited liability company and any business entity that has no significant assets or ongoing business activities/ operations. Typically, shells...

A development stage company that states in its prospectus the industry in which capital will be invested, such as commercial...

A public shell company that has been formed either through issuance of shares following a bankruptcy (these shares are publicly...

OTCBB stands for over-the-counter bulletin board. An OTCBB public shell is a public shell company that fully reports to the...

A shell company that conducts business transactions such as currency and asset transfers within the borders of its country of...

A shell company that has no liabilities or other claims against it as perceived by an operating business contemplating merging...

A shell company that is offered for sale in return for cash. Usually, this is the case when the owners...

A shell company whose common stock may be publicly bought and sold on an established market (organized exchange). A trading...