Open Arsenal

Where Hidden Companies Come to Light

ShellFinder is an open-source forensic AI platform built to bring transparency to the often opaque world of OTC (over-the-counter) companies. At its core, it follows a simple but powerful principle: track the people behind the companies, not just the tickers. By aggregating data from filings, corporate registries, legal records, and public sources, ShellFinder reconstructs the full lifecycle of a company—from its origins and founders to its current structure, assets, and activity. This allows users to see beyond surface-level information and understand the deeper networks that shape OTC markets.

One of ShellFinder’s most powerful features is its entity resolution and knowledge graph system, which connects founders, officers, subsidiaries, and assets across time. Companies that change names, merge, or operate as shells can be difficult to trace manually, but ShellFinder maps these relationships automatically. Users can explore interactive graphs that reveal how individuals move across companies, how entities are interconnected, and where patterns of repeated behavior emerge. This makes it especially valuable for identifying shell structures, reverse mergers, and networks of closely related companies.

ShellFinder also integrates financial, legal, and asset-level intelligence into a single platform. It tracks insider trading activity, share issuance, and dilution patterns while linking those signals to real-world events such as lawsuits, bankruptcies, or regulatory actions. In addition, it maps tangible assets like real estate and intellectual property, helping users understand what a company actually owns versus what it claims. This multi-layered approach provides a much clearer picture of risk, legitimacy, and operational substance.

On top of its data foundation, ShellFinder uses AI-driven analytics to detect anomalies, flag potential red flags, and generate insights automatically. From identifying unusual trading behavior to spotting recurring executive networks associated with past issues, the system helps surface patterns that would otherwise take extensive manual research to uncover. Combined with real-time alerts, customizable watchlists, and detailed reporting tools, ShellFinder becomes not just a database, but a full investigative environment for researchers, investors, and regulators seeking clarity in complex OTC ecosystems.