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To: LPasko who wrote (9)2/17/1998 1:48:00 AM
From: JACK VENTURA  Respond to of 858
 
TO:GABARD
FROM:JVENT CAN YOU TELL ME IF PRWT (PUREWATER SCIENCES)FALLS INTO
THIS CATEGORIE, AS IT STARTED AS A SHELL UNTIL THE RECENT ACQUISITION.
ALSO YOUR GENERAL VIEWS ON THIS DOG I HAVE OWNED FOR EVER IN REGARDS
TO THE INTRANET SITUATION



To: LPasko who wrote (9)2/17/1998 3:18:00 AM
From: Ga Bard  Read Replies (1) | Respond to of 858
 
Well shells are really interesting. Once a reverse merger which means a private company is bought by a public shell then the public shell is taken over by the private company are the best.

Presently MIDL and CNHH are two with in that senario. AETTQ and AVBC are two shells coming out of bankruptcy. Everyone is always touting a shell getting an acquistion but you have to be careful. Only look at shells that are and have been reporting so you can at least get the debt and stock structure.

Large outstanding could be a problem.

Happy Trading

GaBard