What does a Shell Risk company mean? This class
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Posted On: 07/20/2024 5:24:18 AM
What does a Shell Risk company mean?
in my opinion
cheers
Quote:
This classification is assigned subjectively based on a company's financial disclosures and is not based on companies' self-reported shell status. Shell companies can be problematic for investors because they hide the underlying company's financial activity and changes in operations
Quote:
As part of its ongoing review of companies, OTC Markets may designate a company with a shell risk flag, where it believes, in its sole and absolute discretion that a company displays characteristics common to shell companies.
in my opinion
cheers
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