This is a sample of one of our current shells:
Item 1. Financial Statements
............................ Symbol: ...............
Prepaid expenses and other current assets $9,991
TOTAL CURRENT ASSETS $18,717
OTHER ASSETS Investment - non-marketable securities, at cost $164,667 (incl. restricted shares)
TOTAL ASSETS $183,384
Accounts payable $1,734
Loans payable - related party $29,955
TOTAL CURRENT LIABILITIES $31,689
STOCKHOLDERS' EQUITY - Upon NDA
TOTAL STOCKHOLDERS' EQUITY $151,695
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $83,384
Bulletin Board Shell Company # 680-34-2
1.State of incorporation:Nevada
2.Date of incorporation:1998
6.Authorized # common:300,000,000
7.Authorized # preferred A: 50,000 (voting rights are 20,000:1)
8. Authorized # preferred B:100,000 (non-voting)
9.Number of shareholders:approx.700-800
10. Number of shares available: Common + Voting Preferred = 97.6%
11.Free trading: All 9.6m common are held by 3rd parties, the convertible preferred stock partially held by a former affiliate, yet affiliate has not been involved for > 12 months.
12.How company went public: reverse merger pre 2002
13.Current trading price: $0.03
14. Assets at 3/31/07$183,000
15.Liabilities at 3/31/07 $32,000 ($30,000 is related party loan) *will be forgiven prior to closing of sale.
16.Reverse stock split can be done before or after conversion of preferred stock
17.Company is fully reporting with no delinquencies. Last filing was 3/31/07 10-QSB.
Disclaimer: This is not an offer to buy or sell securities.