FOGC - Effective Cheap Shells
www.GlobalBX.com
Listing ID:
700210583
Listing Title:
FOGC - Effective Cheap Shells
Quick Link:
http://www.globalbx.com/listing.asp?bId=210583
Industry:
Business Services
Industry Segment:
Financial
Country:
United States
State / Province:
Area
City:
Asking Price Range:
< $250K
Gross Revenues:
$500,000
Cash Flow:
$200,000
Cash Flow Type:
EBITDA
Year Established:
2006
Number of Employees:
1 - 3
Business Description:
-Fortune Oil & Gas, Inc.
Asking $35k. We have for sale a clean SEC non reporting corporate shell (non shell status) with good prior operating history and debt in friendly hands. Essentially the co will have no liabilities once the new owner steps in. The debt is convertible. The current capitalization of the Company consists of the following classes of capital stock:
* Common stock, $ 0.001 par value: 2,685,211,678 shares authorized; 774,467,523 shares issued and outstanding
We are offering you 100% of the Company's issued preferred shares (the Control Block) and outstanding common stock issued to the current operating subsidiary. The share price does not reflect true values. We are selling the control block in exchange for $35,000. Included in this price is also the next 10-Q filing with XBRL, Super 8-K filing, Schedule 14F, Schedule 13D, and name change if requested if so required. Upon sale/merger, the sole director and all officers will resign and you can nominate your own directors.
ADVANTAGES
A domestic private company can take advantage of Regulation 506 D and give accredited investors a clear liquidity strategy! You can complete a Reg. 506 D offering before or after you merge with and into our corporate shell. We will then help you file a resale registration statement, SEC Form S-1. If you have 35+ shareholders, business plan, and audited financials, we can help you get a market maker to file Form 211 with FINRA to get stock symbol, apply for CUSIP # and get trading in the Over-the Counter Marketplace such as the OTC Markets (Pink Sheets).
A foreign company can easily take advantage of Regulation S (Non US investors) to achieve a shareholder base and then file an S-1 or utilize an exemption such as Rule 144.
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