Topic: US Publicly Traded Company For Sale (Read 882 times)

He said all of the convertible shares are deliverable, but I assume thats on condition you pay off the debt (thus making the shell's actual cost several times the starting bid). Its very common for people to "sell" shells that are loaded with ridiculous convertible debt, and then to seize the company back.

Yeah, really, if we buy this company it essentially reverts to whoever owns all those convertibles thanks to the dilution...All of that debt is pretty much owned by them I'd bet. And I'd bet that "them" is OP...

So if we buy, he gets money and gets to keep his company

Shells actually are commonly sold on chat boards (MergerNetwork etc). There is a decent amount of debt on this shell (over 50BTC worth). The number of conversion shares is also obscene.

You can think the whole forum is stupid for all I care, but you can't offer a publicly traded company for sale on a fucking chat board.  There are laws about company sales, boards of directors and such.  Maybe if you really were an SEC attorney,  you'd know that.  But you're not.  You're just some asshole internet nobody.  And you're trying to scam.

what is illegitimate about my offer? It appears that you are in fact ignorant of how this works. Public shell companies are sold for purposes of a reverse merger daily. It is a tried and tested means of going publci and raising capital. I assume you believe that Havelock or others are either (a) legal or (b) viable means of raising real capital? Insane.

So, to answer your question, do i think bitcoiners are stupid? No. Do I think you may be? Perhaps.

Why even try. Do you think bitcoiners are stupid and will fall for this shit?

This is not how that works lol

Wow, pretty good scam attempt.  You obviously put a bit of work into this, so you should be proud.   You're going to drown in a sea of red, like the elevator scene  in The Shining.

Open Price: BTC 20

Auction Closes: Sep 1 2016

* Company is currently trading with a ticker symbol on www.otcmarkets.com
* Seller will assist with turnover of company to purchaser
* Company is currently domiciled in the State of Nevada but can be moved to any State or Country
* Ticker symbol will be provided upon request [PM or email me]

company profile:

Primary Trading Market   OTC Bulletin Board (Pink)
Alternatte/Dual Lisitng Market   N/A
Recent Share Price   0.15
Exchange Act of 1934 Filer   Yes
Date of Incorproation   21-Mar-11
State of Incorporation   Nevada
DTC Eligible   Yes
Authorized Shares - Common   110,000,000
Par Value - Common   0.001
Issued Shares - Common   39,298,750
Outstanding Shares - Common   39,298,750
Public Float   470,000
Free Trading   470,000
Rule 144 Eligible   38,828,750
No. of Common Stockholders   59
No. of Classes of Common   One (1)
No. of Shares of Common Deliverable   Open
Authorized Shares - Preferred   10,000,000
Par Value - Preferred   0.001
Issued Shares - Preferred   0
Outstanding Shares - Preferred   0
No. of Preferred Stockholders   0
No. of Classes of Preferred   0
No. of Shares of Preferred Delvierable   0
Outstanding Options/Warrants   0
Options/Warrants as Exercised   0
Convertible Debt   $26,580
No. of Convertible Debt Holders   One (1)
Conversion Factor   0.0001
No. of Conversion Shares   265,800,000
No. of Conversion Shares Deliverable   All
Trade Debt   $3,500
Taxes & Regulatory Fees Owed   3,800
Other Fees   0