After confirming higher retail shell price, I'll advise EFHC (EFHLF) to adjust their fees upward to reflect higher retail OTCBB shell price. If you are thinking about raising US$10 million for your operating company, you should meet with EFHC and its attorney this month. Clients don't always take my advice. However, delay risks higher costs for operating companies seeking US$10 million from EFHC.

If you know OTCBB shell sellers, please contact them. If you can check on OTCBB shell prices, I'd appreciate an email on results of your query. Ask your shell sellers about price of a clean OTCBB shell with over 80% insider control. You want to know retail price and selling terms. As I understand US$350,000 offer, it's a cash payment, without terms payment.

To contact author: Visit Beowulf Investments website: [http://home.earthlink.net/~beowulfinvestments/] Or, visit Global Village Investment Club Website: [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]

Doing a spinoff allows your insiders to retain 90% of issued shares of your company. If you accept Company B Offshore Private Placement financing, you'll still have over 56% control of your company. Compare that to usual 60% control you get with a shell, WITHOUT A FINANCING.

Compare costs with buying a shell. The shell will cost you $150,000. You must add costs of an audit, cleanup costs and legal costs. If you arrange a financing, you must add underwriter's cost to cost of buying your shell. Which makes more sense? Pay $25,000 or pay $150,000.

To contact author: Visit Beowulf Investments website: [http://home.earthlink.net/~beowulfinvestments/] Or, visit Global Village Investment Club Website: [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]