Shells, page-6

  1. 22,120 Posts.
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    COT Mkt Cap $2m Cash $2m The perfect little shell and is on the verge of doing a new deal IMO as it is about to get approval for a $3m placement and has just completed a small placement at a premium, how often do you see companies doing placements to insiders at a premium?
    They previously tried to do a deal and the plan was to not consolidate but instead to allow the share price to run up over 20c so based on this lots of money to be made from current levels and little risk because of the cash backing


    PSF Mkt Cap $3.8m Cash $2.2m Another good shell with big backers namely Ian Middlemans
    Money has been put in at much higher levels with the last raising being 1c so buying sub 1c should yield money for jam returns
 
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