Question:

Is this legal????????

by  |  earlier

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I want to start a corporation with no assets go public sell 30 mill worth of shares then invest that money in dividend producing stocks. then use the dividends to bey back shares and pay my salary. is there legal way to do this, if so who do i need to talk 2 to take my corp. public

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4 ANSWERS


  1. i told u hunny lol mwa love you tho


  2. No.  The SEC regulates the sale of securities.  There are complex rules for public stock offerings.

  3. If your corporation has no assets, what does it do? How does it make money? Why would anyone possibly want to buy shares in it?


  4. Question

    Is this legal????????

    NO!!!!!!!!!!!!!!!!!!!!!!!!!!

    what you propose is blatantly illegal and has been tried in the past(unsuccessfully)
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