MULT
Industry:
Capital Markets

DESCRIPTION

Multi Solutions II is a shell company with no active operations or revenue. The company's original business — developing software tools for mainframe applications — ceased in 2005. Today, Multi Solutions II's sole purpose is to identify and complete a merger or acquisition with a private business. As of the filing date, the company has not identified any target, entered any letter of intent, or begun negotiations with any prospective business. The company has no employees beyond two part-time officers, who also manage a separate shell company, Multi Soft II. If a business combination is completed, Multi Solutions II would likely issue new shares to the owners of the acquired business, potentially leaving existing shareholders with 20% or less of the combined entity. Management may also pay finder's fees to intermediaries who introduce a target.

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