Did an English company famous for its hidden purpose in the 1720s ever reveal its undertaking?

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As the wikipedia article states, the quote is from Charles Mackay's "Memoirs of Extraordinary Popular Delusions and the Madness of Crowds". The quoted lines appear on page 57, as item 17 in a list of over 80 "bubble" companies that were made illegal and abolished by the Privy council on the 12th July 1720. No further details are included.

Without the company name or it's company officers, it would be impossible to determine who started the company and what it's purpose was (if it had one other than fraud).

Steve Bird 18832

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Source: stackoverflow.com

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