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waldo1

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19

23/02/22

22:45

Post #: 59774439
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Originally posted by Jaguar24: ↑

From their website: Some grammar on their website is bad, spelling errors etc

Given the nature of what we do, we become aware of ASX shell companies for sale. Voluntary administrators often call us. Such ASX shell companies may be offered by administrators or liquidators of a company. Benelong effectively clears away all debts and liabilities via a DOCA and Creditors Trust. The ASX shell will have no assets, business, nor any debts or liabilities after we complete the DOCA.

It is important to contact us as soon as you are considering a RTO or backdoor listing, as shell companies tend to be appealing when the right circumstances exist.If an ASX shell company is suspended, it will still remain visible on the ASX home page. It’s still a listed company. But if a company is suspended for 2 years, or if its financial accounts are overdue for 1 year, it will be delisted. Delisted does not mean going into liquidation, it just means the company is no longer visible on the ASX home page for fresh announcements.

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The whole episode is;

UNAUSTRALIAN.

RES Price at posting: 6.4¢ Sentiment: None Disclosure: Not Held
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