FORENSIC ANALYSIS
ENTITY PROFILE OVERVIEW
Aggregate analysis of 672 entity profiles in the Cane network. 35.3% are Nevada-incorporated (a shell company hallmark), 49.0% are short-lived entities (241 lasting just one day), and 334 show note-to-share conversion activity. 485 name change events across 263 entities obscure corporate genealogy.
237
35.27%
NEVADA INCORPORATED
115
17.1%
REVOKED
263
39.1%
NAME CHANGES
329
49.0%
SHORT-LIVED
241
35.9%
ONE-DAY ENTITIES
334
49.7%
WITH CONVERSIONS
257
38.2%
PROMISSORY NOTES
204
30.4%
OPINION LETTERS
411
61.2%
SHAREHOLDER FILINGS
278
41.4%
INSIDER OWNER TXN
INDUSTRY CLASSIFICATION (SIC) 30 codes
1 7389 Services-Business Services, NEC 27
2 7372 Services-Prepackaged Software 21
3 2834 Pharmaceutical Preparations 17
4 1000 Metal Mining 15
5 1040 Gold and Silver Ores 10
6 1400 Mining & Quarrying of Nonmetallic Minerals (No Fuels) 9
7 3841 Surgical & Medical Instruments & Apparatus 8
8 6770 Blank Checks 8
9 7371 Services-Computer Programming Services 8
10 9995 Non-Operating Establishments 7
11 1311 Crude Petroleum & Natural Gas 6
12 7374 Services-Computer Processing & Data Preparation 6
FILING AGENTS
Cane Clark LLP 430 64.0%
Cane O'Neill Taylor LLC 137 20.4%
UNKNOWN 105 15.6%
STATE OF INCORPORATION 24 states
NV 237 35.3%
DE 46 6.8%
FL 7 1.0%
A1 7 1.0%
CO 6 0.9%
NY 6 0.9%
WY 5 0.7%
NJ 3 0.4%
AZ 2 0.3%
TX 2 0.3%
45
ADDRESS CLUSTERS
7
LARGEST CLUSTER
129
UNIQUE PERSONS
485
NAME CHANGES