Shell Company for Sale in Florida, United States

For Sale: Public OTC shell company that provided industrial IT solutions with common stock of 100,000,000 shares.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales Nil
EBITDA Margin Nil
Industries Software Companies + 1 more
Locations  Florida
Local Time 5:58 AM United States
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 250 thousand (Native Currency: USD 250,000)
Reason: We are winding down the business because the owner wants to focus on other activities.
Interested to connect with advisors
Name, Phone, Email
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Business Name
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Business Overview

- We have a clean public OTC shell company seeking to be purchased through a merger, and possibly have some management added to the team. The business is well-established and has been running for 17 years.

- There are around 300-400 existing share holders.

- The business has common stock worth 100 million shares. We do not have any preference shares however.

- The shares issued and outstanding by the business are 3.059 million. The company has no debt.

- We are currently an industrial software business that is winding down.

- Had a strong presence in the market with over 300+ customers world-wide.

- We were engaged in industrial automation and had developed our proprietary software. The technology and source code is included in the transaction but it needs to be updated. We also engaged in IoT and cloud based supervision/monitoring.

Products & Services Overview

IT company that provided industrial software solutions, IoT, and cloud based monitoring solutions.

Assets Overview

There are no significant physical assets owned by the business.

Facilities Overview
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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