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by Stockwatch Business Reporter

The TSX Venture Exchange gained 1.65 points to close at 570.43 Friday, but it ended the week down 22.39 points. Kevin Smith has filed a preliminary prospectus to list his first capital pool shell, Freeform Capital Partners Inc. It plans to sell a $200,000 initial public offering at 10 cents through Haywood Securities Inc.

Mr. Smith, 34, lives in North Vancouver. He holds 800,000 of his shell's 2.5 million escrow shares. Freeform Capital sold its escrow shares at the usual five cents between November, 2018, and January, 2019. Mr. Smith is the shell's promoter, chief executive officer and largest escrow shareholder. He is also the president of his family's business, Bypass Equipment Ltd., a farm equipment supplier in Langley.

Mr. Smith does not mention in his shell's prospectus that in May, 2019, he became the CEO of two reporting issuers: Evolution Global Financial Corp. and EVI Ventures Corp. Both of these are shells that were spun off last year from Ron Miles's Canadian Securities Exchange-listed shell, EVI Global Group Developments Corp. The first spinoff, Evolution Global, is now seeking a mobile or e-commerce deal. It raised $205,000 by private placement at five cents in June. The other spinoff, EVI Ventures, is now seeking a mining deal. Therefore, including Freeform Capital, Mr. Smith has three shells for which to find deals.

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