You can't buy a clean public shell in North America. I doubt you can buy a clean shell anywhere in World. I offer a startup spinoff service because your spunoff public company is clean. Also, spinoff format allows me to arrange a European Million-Dollar Private Placement for your newly spunoff public company. My startup spinoff fee is equal to retail price for an OTCBB shell. I offer a better deal. However, since most entrepreneurs think OTCBB shell and not spinoff, I'm not overwhelmed with clients. As noted above, [Spinoff Interest] I can't handle more than four startup spinoff clients a quarter. To date, I've never had four new clients in any quarter.

In 1998, OTCBB shell price was US$125,000. In January 1999, OTCBB shell price moved to US$150,000. The increase was explained by shell sellers "as expectation that 3,400 non-reporting companies, being delisted from OTCBB, would rush to buy OTCBB shells." The rush didn't happen. Most non-reporting companies are being delisted from OTCBB, without a whimper. However, I moved my startup-spinoff fee to US$150,000. The attorney receives US$75,000, auditor earns about US$15,000. Incidental expenses are about US$10,000. I'm paid US$50,000.

In past two weeks, an experience OTCBB shell buyer appears to be offering US$350,000 for OTCBB shells. He's a stock broker, who has worked with shell buyers for over a decade as an agent. He should know value of an OTCBB shell.

Doing a spinoff is ten times better than buying a shell. Your spinoff will be clean. You'll retain a higher percentage of your stock. It costs you less. If you doubt me, send me a self-addressed stamped envelope and I'll send you my spinoff articles from "Time" and "American Venture."

I work with two public companies willing to spinoff private companies. 1. Company A will spinoff almost any sound company with competent and honest management. They'll consider a well-designed startup. They are my default solution for private companies seeking to buy a shell. The cost is $25,000 less payment by public company for your stock. You should add legal and accounting costs. I would recommend this company's auditors who usually charge less than $20,000 for their audit. I would recommend my California Securities Attorney who will want a $25,000 retainer against a $75,000 flat fee. This will bring your total costs to under $115,000. You'll be responsible for stock support and finding your Private Placement financing.