Bally Corp. is a dormant public shell company with no operations, no revenue, no employees, and no products. Originally incorporated in Nevada in 2013 with the intent to import small farming and gardening tools to India, that business was never developed. Bally Corp. is based in Hangzhou, China, and its only stated activity is searching for a merger or acquisition target, though it has not identified any target or entered into any agreements. The company generates no revenue and has never generated revenue. Its only cash inflows are informal, interest-free loans from controlling shareholders who cover operating expenses on the company's behalf. Those expenses consist almost entirely of audit and professional fees. Bally Corp.'s sole potential value is its status as an SEC-reporting public shell quoted on OTC Markets under the ticker "BLYQ," which could theoretically serve as a vehicle for a private company seeking public market access through a reverse merger. The company carries an accumulated deficit and a working capital deficiency, and its auditors have issued a going concern qualification.