SEXI: P.J.s corner.. Message Board

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Microcap & Penny Stocks : SEXI: P.J.s corner..

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To: carl a. mehr who wrote (4)	8/15/1996 6:35:00 AM
From: Hubert Few	of 32

Carl, re: "shell" companies & name changes, this is quite common in penny stocks from my experience. I think it has to do with the practicality of renaming rather than recreating a public corporation. Granted, it doesn't seem like the ideal way to build or maintain credibility, but in and of itself does not necessarily hint at anything less than legitimate. I mean, if I were going to rip people off, would I leave such a traceable paper trail? If the intent were to "scam" people, seems that the scammers would drop out of sight and reappear with a totally new entity, not a renamed corporation.

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