"so, what assets do they have?and if they are aquiring, what...

"so, what assets do they have?
and if they are aquiring, what cost for what???
lot of clouds, fog, and unknowns.
avoid."

LOL ... Stay away I say!

Shell companies are not everyone's cup of tea. But I have a high risk/reward tolerance!

On the surface they are an empty shell, and have zero assets.

WRONG!

I have bought them for their BIGGEST (and only) asset - Their ASX listing... which is worth more than their $2mill MC.

Then its just a sit back n wait to see what they acquire, but the recent action seems to indicate that it shouldnt be too far off