Let's start a company, and take it public!
No, I'm serious.
If these crooks can do it, why don't we?
I propose that we do absolutely nothing but sell stock, and be totally honest about it.
Or, perhaps more seriously, make it one of those "blind" things (what are they called?) where we get the money first, and then we decide what kind of business to go into later.
The key is to be absolutely honest in all filings and communication that we don't have a clue what we are doing, have no prospect of success, and don't know what we are going to do with the money.
Where do we start? Start with an off-shore company? We can do this for $350.
Or buy a shell? Yes! Let's buy a shell. That will be more fun - we'll be on the market right away. Is there a web site or other source of information on sources of good, clean shells?
Probably will be a BB or OTC stock, of course. Reporting rules are coming for BBs (we want a company beginning with "Z", of course, to delay this as long as possible) but reporting will be easy, if we make sure we don't do anything! :)
Maybe we actually do something, maybe we don't. I just want to go through the motions, have some cool certificates printed, hang one on the wall, and sit on a board and smoke cigars once a year. Oh, and what's the name of Pat's limo company?
Is there a thread on this somewhere? Maybe we should start one. It'll be a case study - a bunch of randomly-selected people bumbling through the BB game.
Bet it would turn out better than ZULU. |