Nasdaq OTCBB Shells For Sale / Transfer
Location United States
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance No
Year Established 1969
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Training No.
Reason for Sale Reverse merger.
Description This is a sample of one of our current shells:
Shell Profile
Item 1. Financial Statements
............................ Symbol: ...............
CURRENT ASSETS
Cash $8,726
Prepaid expenses and other current assets $9,991
TOTAL CURRENT ASSETS $18,717
OTHER ASSETS Investment - non-marketable securities, at cost $164,667 (incl. restricted shares)
TOTAL ASSETS $183,384
CURRENT LIABILITIES
Accounts payable $1,734
Loans payable - related party $29,955
TOTAL CURRENT LIABILITIES $31,689
STOCKHOLDERS' EQUITY - Upon NDA
TOTAL STOCKHOLDERS' EQUITY $151,695
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $83,384
Bulletin Board Shell Company # 680-34-2
1.State of incorporation:Nevada
2.Date of incorporation:1998
3.Symbol:Yes
4.Trading:Yes
5.Exchange:OTCBB
6.Authorized # common:300,000,000
7.Authorized # preferred A: 50,000 (voting rights are 20,000:1)
8. Authorized # preferred B:100,000 (non-voting)
9.Number of shareholders:approx.700-800
10. Number of shares available: Common + Voting Preferred = 97.6%
11.Free trading: All 9.6m common are held by 3rd parties, the convertible preferred stock partially held by a former affiliate, yet affiliate has not been involved for > 12 months.
12.How company went public: reverse merger pre 2002
13.Current trading price: $0.03
14. Assets at 3/31/07$183,000
15.Liabilities at 3/31/07 $32,000 ($30,000 is related party loan) *will be forgiven prior to closing of sale.
16.Reverse stock split can be done before or after conversion of preferred stock
17.Company is fully reporting with no delinquencies. Last filing was 3/31/07 10-QSB.
Price:$695,000
Deposit:$75,000.
Disclaimer: This is not an offer to buy or sell securities.
Click Here To Contact Seller
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