Archive for April, 2008
Posted in April 30th, 2008
After the Sale
In two recent sales of shells where my company, Ventana Capital Partners, represented the Seller of the shell we had to track down the previous Sellers to provide additional information to the Buyer’s counsel. In both cases the Buyers representative was nowhere to be found after the sale. I was contacted [...]
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Posted in April 29th, 2008
Who You Buy From Does Matter!
If you are a potential Buyer of shell and believe it does matter who you purchase your shell from –Think Again! If you purchase a shell from someone who does not represent the Seller of the shell on a direct basis then you will be hung out to dry [...]
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Posted in April 28th, 2008
When purchasing an OTCBB shell there is more to consider than price alone. There are many individuals trying to sell shells to potential Buyers that are totally clueless about what they are selling.
In many instances the finder has no direct contact with the Seller of the shell. He has a list of potential [...]
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Posted in April 24th, 2008
There was much discussion about Chinese companies seeking listing on the OTCBB. Last year 69 companies originating out of China did a reverse merger into an OTCBB shell. There are a tremendous number of private companies with a history of revenues and profits that are looking to US markets to gain much needed access to [...]
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Posted in April 23rd, 2008
The conference had several speakers addressing issues concerning Reverse Mergers and Form 10 shells. Form 10, or “virgin shells” as they are sometimes called, consist of a blank check S1 that has been reviewed by the SEC. The Form 10 shell does shorten the SEC review process – but not by much. A company still [...]
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Posted in April 22nd, 2008
One conference topic regarded alternative listing strategies, such as the AIM London Stock Exchange. I have written a series on this subject and covered its merits in depth (see AIM under the Categories section). The plus side is their regulatory requirements are rather lax compared to the US Securities and Exchange Commission and [...]
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Posted in April 18th, 2008
Your company’s current status will determine which course of action to take when it comes to going public. I suggest an S1 registration statement over a reverse merger when the company is a startup or still in the developmental stage process (non-revenue producing). The reasons are as follows:
Most startups need to conserve their [...]
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Posted in April 18th, 2008
S1 Registrations
The S1 registration statement has recently replaced SB2 registration statements. The S1 is used for companies that are seeking to go public via a self underwritten or Direct Public Offering (“DPO”). The DPO process from start to finish usually takes anywhere from 9 to 18 months depending on the complexity of your [...]
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Posted in April 17th, 2008
The Investors’ and Issuers’ Summit on Alternative Capital Raising Strategies Conference was held at The Harvard Club in New York City on March 31st and April 1st, 2008. The speakers addressed several different topics, but there was particular interest in reverse mergers as a main alternative for companies seeking to go public. All [...]
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Posted in April 7th, 2008
On March 31st and April 1st I was a guest speaker at the Investors and Issuers Summit on Alternative Capital Raising Strategies which was held at the Harvard Club in NYC. The conference was sponsored by Financial Research Associates http://www.frallc.com .
Several companies representing the reverse merger sector attended the conference. The concentration of [...]
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