nodummy
4 years ago
Fake website.
airbornesecuritycorp.net was their domain until 2015 then the domain expired.
All that happened is that some scammer bought the long expired domain and made it into a coming soon page.
I've seen this happen many times already with dead shells.
Wouldn't surprise me if you also get a fake twitter account or even a fake press release at some point.
I posted the facts about this abandoned shell back in 2018 the last time this was pumped using fake info:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144642609
Those fact haven't changed.
The CEO Jerry Deutch died in 2016.
The Florida entity for ABPR is still administratively dissolved with no filings since 2016
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=AIRBORNESECURITYPROTECTIVESERV%20P960000396754&aggregateId=domp-p96000039675-35a5019e-059a-401f-84c6-e979cff101c2&searchTerm=airborne%20security%20%26%20protection&listNameOrder=AIRBORNESECURITYPROTECTIVESERV%20P070000004923
If this shell was really under new ownership, then the first thing that would happen is it would be reinstated at the Florida SOS (long before you'd see any new website or press releases or filings).
That hasn't happened yet.
The OTC Market's page hasn't been updated. Like I said, that was the old domain from 2015 and before. It expired many years ago, and somebody not involved in the abandoned shell acquired it, probably to run a pump & dump scam on the Issuer.
As long as it remains a publicly traded zombie stock, trade it all you want, but take the time to understand what you are trading so you can make better decisions about how to trade it.
nodummy
4 years ago
The Angela Collette/Harry Zhang group is the only group I know of that has been active at all hijacking abandoned Florida shells.
They grabbed AGGI a few months back, but outside of the initial excitement from the reinstatement, not much has happened to that one I don't think.
In 2018 - 2019, there was some fake/illegal reinstatement plays on dead Florida business entities by scammers creating new business entities using the same name as the public tickers to fool gullible marks during social media pump & dumps, but that group has been under the scrutiny of the SEC and has become very quiet since then.
Since there are literally dozens of abandoned public shells registered at the Florida SOS and there has been almost no legitimate interest in these shells, I'd put the chances at pretty low that you'll see a custodianship petition filed for this one.
The custodianship petitioners are way more focused on the Nevada and Wyoming business entities because the court process along with and fees related to the whole process is more friendly in those states.