Archive for October, 2006
Posted in October 31st, 2006
DealFlow Media has once again organized The PIPEs Conference 2006 to be held at the Waldorf Astoria Hotel in Manhattan on November 7 & 8. The conference offers an in depth view of the major players in the reverse shell merger industry. If you think this is just another conference, think again. [...]
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Posted in October 29th, 2006
There are a couple of ways that a private company can go public. If you have not been funded by a venture capital firm and have revenues below $50 million a year your best alternative is the reverse merger route. The good news is that market conditions have almost no bearing on [...]
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Posted in October 28th, 2006
INITIAL PUBLIC OFFERINGS ARE THE MOST SOUGHT-AFTER FORM OF FINANCING, HOWEVER, SURPRISINGLY FEW COMPANIES CAN FIND A BROKER DEALER WILLING TO UNDERWRITE THEIR DEAL.
The truth is that financing has always been a Catch-22 for most companies. Many promising small companies find it extremely difficult to obtain funding because they are private. But without funding, they [...]
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Posted in October 27th, 2006
The reverse merger between the New York Stock Exchange and Archipelago came as a shock to many industry experts. The NYSE dove off the high board when it decided to transform itself from a privately held membership-based stock exchange into a publicly traded company by partnering with one of the leading trading technologies in the [...]
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Posted in October 25th, 2006
If you are seeking to find an investment in a substantial company that has recently gone public I suggest you take a look at SPACs. For the patient investor this could be a gold mine. Most SPACs are funded with between $20 million to $50 million. Their sole purpose is to acquire [...]
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Posted in October 24th, 2006
I recently had breakfast with David Feldman, a securities attorney, to discuss his new book Reverse Mergers. David is the founding partner of Feldman, Weinstein & Smith located in Manhattan, NY. The newly released book covers all aspects of going public through alternative vehicles such as Virgin Shells, SPACs and Reverse Shell Mergers. [...]
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Posted in October 23rd, 2006
Here are some SPAC type deals that have recently been completed. Again, this review is informational only and is in no way a recommendation to purchase any of these stocks.
1. Israeli Blank Check.
ROSH HA’AYIN, Israel, October 17 /PRNewswire-FirstCall/ — Fortissimo Acquisition Corp. (OTC Bulletin Board: FSMOU News) announced today that it has completed its [...]
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Posted in October 19th, 2006
SPACs (Special Purpose Acquisition Companies) are companies that have no operations but go public with the intention of acquiring a company with the proceeds of an initial public offering. Large institutional investors, such as hedge funds, usually buy shares of SPACs. SPACs are also referred to as “blank check” companies because the funds [...]
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Posted in October 18th, 2006
Other than selling a Shell, where else can a CEO totally fail, destroy a company and still end up pocketing several hundred thousand dollars on his way out the door? Well, maybe CEOs with golden parachutes, but lets’ face it, this is not a common occurrence. The reason for my writing on this [...]
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Posted in October 15th, 2006
The OTC Bulletin Board (OTCBB) is a regulated quotation service that displays real-time quotes, last-sale prices and volume information in over-the-counter (OTC) equity securities. An OTC equity security generally is any equity that is not listed or traded on NASDAQ or a national securities exchange. OTCBB securities include national, regional and foreign equity issues, warrants, [...]
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