Saxon Capital Group (formerly Atlas Technology Group) is a shell company with no operations, no revenue, and no employees. Saxon Capital's sole purpose is to get its stock relisted on the OTC Pink Sheets and then merge with or acquire an operating business in exchange for shares of its common stock — essentially offering a private company a path to becoming publicly traded without a formal IPO, commonly known as a reverse merger. Saxon Capital has not identified any merger candidate. The company was incorporated in Nevada in 1996 as Pan World Corporation and has cycled through multiple names and business lines over the years, including software sales, IT support, energy-efficient lighting distribution, and movie production. All of these businesses failed, and by the end of 2018, Saxon Capital had ceased all operations and disposed of all subsidiaries. The company survives entirely on its ability to raise debt or equity financing to cover minimal operating expenses. The only asset of potential value is its status as an SEC-reporting entity, which a merger target could use to bypass the cost and time of a traditional IPO. Any such transaction would almost certainly heavily dilute existing Saxon Capital shareholders.