Ann: Convo App Update, page-21

Lets see so its a “ shell “ , who knows what liabilities lie within , do they owe their “ambassadors “ money , was their R&D claim legit ( overseas deveolpment claimed maybe and tax department publically stating a clamp down? ) , have they mislead investors with their many colourful claims ?( would they block a transaction ) many toxic shareholders ready to run to the door on any price appreciation? , massive dilution for shareholders on any aquisition ( 20:1 ) ?, it could cost way more to list via this “shell “ than a clean listing.
Any company with a decent business would never consider a toxic shell to list.
Most successful shell listing have been cleaned up way before being shopped around and are a shell because of a successful sale of an operating buisness , not the failure of one?