Recently I had a conversation with a very bright entrepreneur. He was interested in taking his company public through a reverse shell merger and simultaneously raising $5MM through a PIPE transaction. He had a great history of success with his previous company selling upgrades for computers and had invested heavily in developing new software that [...]

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The 2007 PIPE’s conference, held last week in New York, was attended by major players in the rapidly evolving reverse merger marketplace. Over the past year the reverse merger segment of the financial services industry has emerged as the defacto IPO marketplace for emerging growth companies and has gained credibility with the SEC. [...]

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From Sarah Johnson, CFO.com on October 18, 2007
Members of the Public Company Accounting Oversight Board’s advisory group are split on the question of how hard it would be for the auditing profession to adapt to International Financial Reporting Standards.
In light of a recent Securities and Exchange Commission proposal that U.S. companies should be given the [...]

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Pro-environment and investor groups are using accounting rules to push the SEC to get tough on companies that don’t come clean about their pollution risks.

From Marie Leone, CFO.com on September 19, 2007
A coalition of state governments, institutional investors, and environmental groups is urging the Securities and Exchange Commission to get tough with publicly-traded corporations that [...]

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I recently received an email from an investor who was seeking to purchase a shell. His criteria list was right on the money and I thought I should share it with you.
Dear Ralph;
I was referred to your firm from a contact I made on a Reverse Merger Blog. I am a U.S. based investor [...]

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Changes to a rule intended to help small private companies with financing could result in discouraged businesses, according to attorneys.
Sarah Johnson, CFO.com
September 25, 2007
Read the rest of the story:
http://broadpeak.typepad.com/broadpeak_executive_forum/2007/09/secs-small-busi.html
Bookmark to:         

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When the Securities and Exchange Commission decides to finally approve some or all of the new rules that they originally proposed in May of this year we will post the results here immediately. For those of you who are still in the dark the SEC have proposed several new rules that will affect the reverse [...]

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This is a great post by David Feldman over at The Reverse Merger Blog:
That is the headline from today’s SEC Small Business Conference, which David Feldman, principal of the law firm of Feldman Weinstein & Smith LLP, attended in Washington along with about 75 others in person and many others listening in a webcast. In [...]

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This entry is part 14 of 15 in the series Buying an OTCBB Shell

Have you considered the pricing of the shares for your PIPE financing?

As I mentioned in my previous Blog we will now look at two scenarios for pricing a company’s stock in preparation of an impending PIPE financing.

OTCBB Stock Priced at $5.00 a [...]

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This entry is part 13 of 15 in the series Buying an OTCBB Shell

Have you determined the pricing range of the shares of the shell?

Many CEO’s have unrealistic perceptions of the value of their company. They vision their stock being worth substantially more than its true inherent market value. The best way to [...]

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