First Dominion Financial, Ltd creates and Registeres Custom Shells designed to best suit a company's business plan. The Registered Shell has neither debts nor liabilities. The original shareholders have a vested interest in the stock and there are no shorting possibilities or skeletons in this Company's closet.
First Dominion redesigns the Registered Shell to suit the individual needs of the private company by changing the name of the Shell and stock authorization before the private company acquires the Shell. This helps us avoid major restructuring costs, proxy statements and delayed start-up time. The Registered Shell has a fixed minimum 300 plus shareholder base with 100 shares or more each (a NASDAQ SmallCap requirement). Also the Registered Shell comes with a 3-year minimum audited financial statement, a letter of opinion from counsel stating the tradability of the free trading shares, a transfer agent and a CUSIP number. The private company can receive from 90% controlling interest in the form of restricted shares through a reverse merger. There is no compensation due for a qualified and approved reverse merger with these Registered Shells.
