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Microcap & Penny Stocks : ROTI - Harvest Restaurant Group Inc -- Ignore unavailable to you. Want to Upgrade?


To: TScott who wrote (1689)6/16/2000 1:22:00 PM
From: rrufff  Read Replies (1) | Respond to of 1702
 
There's a couple of threads dealing with shells on this and RB. Happens all the time. Basically, there is value in going public with a clean "shell", particularly if all filings are in order and there aren't a lot of liabilities. It apparently is cheaper than going through formal registration and an IPO. In a bad market for IPO's such as this, then the value goes up.