Corporate ShellsWritten by Joseph Quinones
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Don’t get me wrong there are many honest and well meaning consultants and shell vendors who established shells for sole purpose of creating a vehicle for private companies to go public, Just like you have unscrupulous characters that appear every time there is an opportunity to make money, you also have honest enterprising individual who see an opportunity and take advantage of it.
Once operating company purchases corporate shell and merges into it, owner of private company receives a majority of shell corporation stock (usually 90-95% ) through a new issue of stock for private enterprise.
The public corporation will normally change its name to private company’s name and elect a new Board of Directors which will appoint officers of company. The public corporation will usually have a base of shareholders sufficient to meet requirements for listing on Nasdaq Small Cap Market of Nasdaq Bulletin Board. Although some shell have as few as 35-50 shareholders and are currently listed on Bulletin Board or NQB pink sheets.
At our company we don’t have an inventory of shells nor do we recommend a single vendor, instead we recommend several and after private company selects a vendor we approach process as if we were buying shell for ourselves.
For more information please visit our website: www.genesiscorporateadvisors.com
Joseph D. Quinones, President of Genesis Corporate Advisors has spent over 25 years in the securities industry. In 1992 he founded JDQ Financial Group, Inc. and proceeded to build it up from a one man operation to the point where it employed many traders, advised numerous client and generate millions in revenues.
Air Liquide: Driving Liquid AirWritten by Anna Henningsgaard
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The company he formed is called Air Liquide, and it is now world leader in industrial and medical gases and similar services. Air Liquide’s core business is to supply oxygen, nitrogen, hydrogen, and other gasses and services to all kinds of industries. Steel, oil refining, chemicals, glass, electronics, healthcare, food processing, metallurgy, paper, and aerospace are all industries that employ Air Liquide products and services. With a global presence of 130 subsidiaries in over 70 countries. What began as a small private experiment to build components of old light bulbs has grown into a major modern company.
Air Liquide is a private carrier, which means it maintains its own fleet and hires truck drivers. Because Air Liquide is such a diverse, international company, driving jobs with Air Liquide are stable, well supported positions. Solo Air Liquide drivers can expect to be home 80-90% of time and make between $50,000 and $70,000 a year depending on type of run and work performance. Air Liquide provides benefits like medical and life insurance, performance benefits, ample vacation time, flexible spending accounts, and quarterly profit sharing. As Air Liquide grows and succeeds, so do each of its employees! If you are interested in a truck driving job, you should apply here to drive for Air Liquide, or to find out more about Air Liquide