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com ®
“Corporate Flipper®”
By Danny Garcia
©2007
www.CorporateFlipper.com®
www.AgedShelfCorp.com
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TABLE OF CONTENTS
INTRODUCTION ........................................................................................................................................ 3
ABOUT THE AUTHOR .............................................................................................................................. 3
WHAT IS A SHELF CORPORATION? ................................................................................................... 4
WHAT TYPES OF SHELF CORPORATIONS ARE THERE? ............................................................. 4
HOW IS A SHELF CORPORATION’S AGE DETERMINED? ............................................................ 4
“SHELF” CORPORATIONS….LIKE FINE WINE ................................................................................ 4
WHY ARE AGED SHELF CORPORATIONS SO VALUABLE? ......................................................... 8
WHAT IS A “CORPORATE FLIPPER ®” .............................................................................................. 8
THE PROCESS OF BECOMING A “CORPORATE FLIPPER ®” ...................................................... 9
PURCHASING A CORPORATION ................................................................................................................... 9
DEVELOPING A CORPORATION ................................................................................................................... 9
SELLING A CORPORATION .......................................................................................................................... 9
TURN KEY SOLUTION ............................................................................................................................. 9
PURCHASING ASSISTANCE .......................................................................................................................... 9
DEVELOPMENT ASSISTANCE ...................................................................................................................... 9
SELLING YOUR COMPANY ........................................................................................................................ 11
HOW DOES BEING A CORPORATE FLIPPER ® HELP ME?......................................................... 11
GETTING STARTED................................................................................................................................ 11
COMPANY CREATION ............................................................................................................................... 11
COMPANY DEVELOPMENT ........................................................................................................................ 13
COMPANY SELLING .................................................................................................................................. 13
SUMMARY................................................................................................................................................. 15
GUARANTEE ............................................................................................................................................ 16
PURCHASE OPTIONS ............................................................................................................................. 16
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Introduction
We all have, at one time or another looked for a way to earn money doing
very little work, most of the time we find that we have been mislead. What we
thought was a way to earn money doing little turned out to be next to impossible to
actually do.
I am proud to be able to tell you that this time you have not been mislead.
The opportunity I’m showing you in this book will allow you to build a business you
can easily do from home with very little to no work at all.
It is my sincere hope that you learn and understand the concepts I show you
in this book and take the steps necessary to succeed.
If for some reason you find that the information in this book is at all
misleading I will offer to return your moneys
If however you like the information please send me an email of support so I
can let others know how you feel.
Travel Agency
Computer Repair
Web Site Sales and Marketing Company
“Dime Line” Multi-Level Marketing
Real Estate Investing
Mortgage Company
Domain Reseller
Personal Credit Repair
Business Credit Building
Search Engine Optimization
Marketing Company
Corporate Flipper ®
E-Book Author
I wanted to list these businesses in an effort to show you that just like you I
am looking for a way that I can support my family without having to work for a large
corporation.
My wonderful wife Kim and I have been blessed by God to be able to work
from home. We in turn want to help bless you by sharing the information in this book
with you.
We hope and pray this concept works for you and invite you to share your
experience with us.
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Table 1 (This list was pulled as of the date I created this book and is a representation of how age
affects the value of shelf corporations)
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Developing a Corporation
Once you have the corporation you have the option of developing the
corporation. When you develop the corporation properly you will increase its value.
Selling a Corporation
Once you have purchased and while the company is being developed you
should have your company listed for sale. As your company ages and develops it
becomes more valuable but it automatically has some value when it comes out of the
box. According to the chart above a one month old Shelf Corporation sold for over
$800. This is not a bad return on investment for something that costs a couple of
hundred dollars.
Purchasing Assistance
The first step of being a Corporate Flipper ® is to file articles of incorporation
in the state you want to have your company in. The name must be thoroughly
researched to make sure you are not buying a name that already exists or has
outstanding debt or lawsuits against it. You also must make sure there are no
trademarks that could be infringed upon. You must also have the name registered
properly so that the future buyers do not “lose” the age developed by the
corporation.
As part of our turnkey solution we will choose a name that will have the
absolute best resell value, we will then do a complete and thorough research of
name to make sure we rule out any future problems.
Once the name is complete we will begin working on the development of the
Shelf Corporation
Development Assistance
Once the company is created we will determine a base price for it and list it
on our retail website www.AgedShelfCorp.com . Although the company now has
some value we want to maximize the value of the corporation.
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A company’s value can be maximized by taking a few small steps to make the
company more appealing to the end buyer. To make a company more appealing we
attempt to do the following
Create a corporate kit for the company that includes the following
o Corporate Binder
o Corporate Seal
o Stock Certificates with Corporate Name
o Stock transfer Ledger
o Checklist, instructions, and worksheets
o Customized Corporate Minutes
o Customized Corporate Bylaws
o Customized Corporate Agreements with corporate name
Waiver of Notice and Minutes of Annual Meeting of
Shareholders.
Waiver of Notice and Minutes of Annual Meeting of Directors.
Minutes of Special Shareholders Meeting.
Notice of Annual Meeting of Shareholders.
Notice of Organizational Meeting of Incorporators and Directors.
Waiver of Notice of Organizational Meeting of Directors.
Waiver of Notice of Organizational Meeting of Incorporators.
Director(s) Resignation.
Notice of Special Meeting of Shareholders.
Notice of Special Meeting of Directors.
Resolution granting Power of Attorney.
Special Power of Attorney.
Proxy.
Independent Contractor Agreement.
Buy-Sell Agreement.
Employment Agreement.
Banking Resolution.
Cafeteria Plan.
Cafeteria Plan Employee Benefit Election.
Medical Expense Plan.
Death Benefit Plan.
Voting Trust.
Stock Subscription.
Executed Stock Subscription.
Stock Purchases.
Written statement organizing corporation.
S Corporation.
Section 248 Election.
Consent of Incorporators to Election of Initial Directors
Election of Directors.
Election of Officers.
Waiver of Shareholders Financial Reporting.
Corporate Indemnification Plan.
Provide an Employee Identification Number
Open a Bank Account in companies name
Buy a matching Domain Name
Create a Website
Set up a physical office
Set up a phone number in directory assistance
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All of these development items are optional but each one of them will make
your company a little more appealing than someone else’s. It’s like in real estate,
you can buy a house, wait for the market to change and sell it without doing
anything to it, but, if you remodeled the house, painted it and made it look a
little more appealing you could ask top dollar for it.
This opportunity is ideal for those that need to start out slow because of cash
flow issues, but can be used by those who have money who can develop 10 – 20
corporations immediately.
This program is also good for those just starting out in the business world or
those that are about to retire and don’t have any retirement savings.
Imagine starting off with just one company at a cost of about $225 and
selling it a few months later and realizing a profit of several hundred dollars
Imagine doing just one company per month and letting them all age for 1
year each and earning a thousand dollars on each of them.
Once you start making money doing this you will want to invest in more and
more companies. You can easily earn $1,000 - $10,000 extra income per month.
Getting Started
Company Creation
To get started you must pay us the fee listed below or on our website at
www.CorporateFlippers.com/listingfee.htm . The fee schedule below cannot be updated on a
regular basis so please make sure you visit the website before making your final decision.
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Due to the fact that most of the fee is used to cover state filing fees all fees are subject to change
without notice.
We have found that the cheapest option will almost always be in your state or the state of Florida
(where we are located). If we Incorporate in your state or in the state of Florida we don’t need to
hire a registered agent which can cost over $150 per year.
Table 2 - Fees
Once we receive your payment we will send you an agreement that states that you are
the owner of the company but have hired us to purchase, market, and sell the aged corporation
on your behalf.
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Company Development
Further development of the shelf corporation is completely optional. When I speak about
development of your corporation I mean developing the company in such a way that buyers of
shelf corporations will choose your company versus someone else’s and be willing to pay more
for it.
One of the reasons people buy shelf corporations is so they can obtain credit. Lenders
however do not solely rely on company age to determine credit worthiness. Lenders are looking
for legitimacy.
Age
Corporate Stamps, Stock, Minutes, etc
Business License
Employer Identification Number
Business Bank Account
Business Stationary
Website with Matching Domain Name
Phone Number Listed with Directory Assistance
Business Address
Business Credit References
Dun and Bradstreet Number
The more you can offer a potential customer in the way of legitimacy the more you can
charge. The problem for new Corporate Flipper ®s is they have a limited amount to invest.
In our experience most competitors will include a corporate kit at a minimum. You can expect
to pay $99 for this corporate kit when your shelf corporation sells.
The items that give the most bang for their buck is a Business Bank Account, Business Credit
References, and a Dun and Bradstreet Number. You can easily demand thousands extra if
you develop these items early (We charge you $1,500 to set all this up for your shelf
corporation)
Other items can be developed for you just call us for pricing.
Company Selling
We market your shelf corporation several ways
Our fee for marketing and selling your aged corporation will be 50% of the base retail price shown
below minus your cost for incorporating. This is considered a basic sale
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Since we know and understand the importance of properly developing a Shelf Company we will in
certain cases pay for some of the development costs. However in those cases our fees will be
50% of the base retail price listed minus the incorporation fee you paid and 90% of all fees above
the base. This would be considered an advanced sale
This means…….
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Summary
The idea of being a Corporate Flipper ® is a not a new concept. You buy a
corporation, let it sit on a shelf, improve it if you can, then sell it for a profit.
If you purchase 1 corporation per month for now on you will be able to get a monthly
check of $207.50 starting in 6 months
If you purchase 2 corporations per month for now on you will be able to get a
monthly check of $415.00 starting in 6 months
If you purchase 1 corporation per month for now on you will be able to get a monthly
check of $1,032.50 in 2 years.
If you purchase 2 corporations per month for now on you will be able to get a
monthly check of $2,065.00 in 2 years.
If you purchase 3 corporations per month for now on you will be able to get a
monthly check of $3,097.50 in 2 years.
If you purchase 4 corporations per month for now on you will be able to get a
monthly check of $4,130.00 in 2 years.
If you made $4,130.00 per month that comes out to $49,560 Per year
Imagine if someone came up to you and said If you
begin investing $940.00 per month and do NOTHING
ELSE they would GUARANTEE that you would be
earning at least $4,130.00 per month in Just 2 short
years.
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Guarantee
Purchase Options
One Company at a time
One or More Companies per month subscriptions – We debit your account
every month to create a new company monthly (5% Discount on set up
fee)
One or More Companies per quarter subscriptions – We debit your account
every month to create a new company monthly (2.5% discount on set up
fee)
www.CorporateFlipper.com®
Or Call
813-473-7402
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VISIT
www.corporateflipper.com/affiliate.htm
SHAMELESS PROMOTION
As a entrepreneur I would be remiss not to tell you about my other businesses just
in case you might be interested.
Marketing Coach – I work with product designers and creators and help them
market them on the internet. My compensation is usually a split of the profits.
813-473-7402
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