https://www.investopedia.com/terms/s/shellcorporat
Post# of 82690
(Total Views: 711)
Posted On: 07/13/2020 7:03:40 AM
https://www.investopedia.com/terms/s/shellcorporation.asp
Shell companies can be used in a variety of ways, perhaps we shareholders
are paying for operations and salaries, revenues on the other hand are
flowing elsewhere. Just a possibility --- not saying it's happening here.
Perhaps Kay & SFOR can change that thought pattern in the near future.
Quote:
A shell corporation is a corporation without active business operations or significant assets. These types of corporations are not all necessarily illegal, but they are sometimes used illegitimately, such as to disguise business ownership from law enforcement or the public. Legitimate reasons for a shell corporation include such things as a startup using the business entity as a vehicle to raise, funds, conduct a hostile takeover or to go public.
Shell companies can be used in a variety of ways, perhaps we shareholders
are paying for operations and salaries, revenues on the other hand are
flowing elsewhere. Just a possibility --- not saying it's happening here.
Perhaps Kay & SFOR can change that thought pattern in the near future.
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