Comments on: How to Buy an OCTBB Shell: Part 3 http://reverseshellmerger.com/2007/01/24/how-to-buy-an-octbb-shell-part-3/ Everything you need to know about Reverse Shell Mergers by Ralph Amato Mon, 01 Dec 2008 20:48:52 +0000 http://wordpress.org/?v=2.5.1 By: Ralph Amato http://reverseshellmerger.com/2007/01/24/how-to-buy-an-octbb-shell-part-3/#comment-230 Ralph Amato Mon, 12 Feb 2007 07:43:53 +0000 http://reverseshellmerger.com/2007/01/24/how-to-buy-an-octbb-shell-part-3/#comment-230 TKR, Hello t.k.r, The "virgin shells" is yet another way to go. But you are comparing apples and oranges.With the virgin shells you will have to go through the SEC review/comment process which could take several months. Secondly, most of the virgins only have a half dozen shareholders and you will run into problems when file your 15C-211 to trade. The NASD is now requiring that you have a minimum of 40 shareholders to start trading and mosr companies are trying to have at least 100 so there are no holdups. Ralph TKR,

Hello t.k.r,
The “virgin shells” is yet another way to go. But you are comparing apples and oranges.With the virgin shells you will have to go through the SEC review/comment process which could take several months. Secondly, most of the virgins only have a half dozen shareholders and you will run into problems when file your 15C-211 to trade. The NASD is now requiring that you have a minimum of 40 shareholders to start trading and mosr companies are trying to have at least 100 so there are no holdups.
Ralph

]]> By: t.k.r http://reverseshellmerger.com/2007/01/24/how-to-buy-an-octbb-shell-part-3/#comment-101 t.k.r Fri, 26 Jan 2007 18:22:15 +0000 http://reverseshellmerger.com/2007/01/24/how-to-buy-an-octbb-shell-part-3/#comment-101 What is your view of 10-SB's (so called "Virgin Shells") created from scratch, fully reporting, non-trading? Does the emergence of this type of vehicle present much competion for trading otcbb/pinksheet shells? What is your view of 10-SB’s (so called “Virgin Shells”) created from scratch, fully reporting, non-trading? Does the emergence of this type of vehicle present much competion for trading otcbb/pinksheet shells?

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