shell play

I havent seen how these shell plays work, would love some feedback to try and understand how this how this works?

If for example Tyrian has after everything is settled
- 2 million in the kitty.
- plus the shell worth 2 million.

Is it reasonable to expect any party buying the shell would need to not only pay 2 mill for the shell but match the cash in the business also?
If they only paid the 2 mil for the shell then because of the money in the business they get their money back?

So potententially a new business with 6 mil in the kitty.

Also assuming that whoever buys the shell gets a chunk of shares for their money?

After that, i guess depending on how much money they need they may do a consolidation and cap raising, but 6 mill goes a fair way usually in these specs.

Like I said know idea how this works and would appreciate any insight.