$MLTC Known Formally by its prior business model as Melt Inc. was confirmed through the NVSOS website to have been given custodianship to David Lazar who is a reknown OTC Business Reverse Merger expert. What's different about this shell however from past Lazar plays is its fundamentals. Having had a previous very successful business Melt Inc. grew to 19 physical locations nationwide with over 40 active franchise contracts. It had only accumulated $3.5 Mil debt total by the time the company had gone dark (Which has probably been taken care of by now as I've seen absolutely no dilution on L2 over the last few weeks since I discovered his company was taking it over) and stayed that way for many years. The company has only had one R/S of 1:10 back in 2002 and the A/S confirmed by NVSOS has remained 100 Mil for over 10 years. The O/S is one of the smallest if not the smallest of any shell I've seen recently acquired by David Lazar or the other equally famous R/M expert Joseph Acaro. Also this is the fastest I've seen a shell go from court to the NVSOS being updated which tells me there is probably a R/M candidate waiting to be inserted into the company given its past success and current share structure and fundamentals.
No convertible notes, small accumulated debt that debt holders have more than likely collected already, no dilution, continued accumulation, smallest S/S I've seen of a shell and possible R/M candidate already in the works = a recipe for massive explosion upwards when the time is right. I anticipate $10 is very possible by EOY given the A/S, O/S and Float of the stock.
No convertible notes, small accumulated debt that debt holders have more than likely collected already, no dilution, continued accumulation, smallest S/S I've seen of a shell and possible R/M candidate already in the works = a recipe for massive explosion upwards when the time is right. I anticipate $10 is very possible by EOY given the A/S, O/S and Float of the stock.
