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DMFI Inc.: A Shell That Never Found Its Target

Published September 8, 202611 min read·TickerFile Research · DMFI Inc (Defunct Shell) (DMFI)
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DMFI Inc. is a defunct blank-check company whose Exchange Act registration was revoked by the SEC in September of 2008 after seven years of filing silence. The issuer, originally incorporated as ILN Harvey Corporation in Texas in April of 2001, never completed a business combination, never generated revenue, and never reported operating activity beyond a development-stage shell balance sheet showing zero assets and zero liabilities. The company is a Texas corporation in forfeited status, and no ticker by that name appears in the current EDGAR company tickers file.

This note documents the identity, the filing history, and the regulatory disposition of the name, and concludes that the ticker carries no residual value, no active registration, and no plausible path to reactivation. Any portfolio that holds securities under this name should treat them as written down to zero. The historical record is a representative example of the small-cap blank-check shell model of the early 2000s, a model that produced thousands of entities most of which never completed a transaction and faded into regulatory silence.