Conclusion
It is always wise to consult your SEC attorney, CPA firm and an investment banker before deciding whether to take your company public via a registration statement or reverse shell merger. Both vehicles have their pros and cons.

The investment banker will want to go the route that works best for your intended financing. [...]

continue reading.....

Going the Reverse Merger Route
The reverse merger into an OTCBB shell process is a major shortcut to the finish line. The shell has been previously approved as a fully reporting company by the SEC and has been approved for trading by FINRA. The company will have to complete their PCAOB audit prior to [...]

continue reading.....

iling an S1 or Form 10 Registration Statement

Step 2

Once you have satisfied all of the SEC comments your registration statement will go “effective” (approval) allowing your company to be fully reporting, but not yet trading as a public company. After you have successfully completed your SEC review you will then proceed to door #2 [...]

continue reading.....

Filing an S1 or Form 10 Registration Statement
Step 1
If you decide file an S1 or Form 10 registration statement you will first have to establish a shareholder base of approximately forty (40) shareholders and complete your PCAOB audit. While you are accomplishing those initial steps you will also be meeting with your SEC attorney [...]

continue reading.....

In regards to the Securities and Exchange Commission (“SEC”) issues as it relates to timing for going public the differences between using an OTCBB shell (the back door) versus filing a registration statement with the SEC your (the front door) are numerous. Going public via an S1 or Form 10 registration statement does allow [...]

continue reading.....

This entry is part 5 of 5 in the series Going Public in Today’s MarketIf you have a well established business that is profitable and you are seeking to expand nationally or globally then bringing your company public would allow you access to the capital markets to expedite your expansion plans. If there is [...]

continue reading.....

This entry is part 4 of 5 in the series Going Public in Today’s MarketDifferent situations call for different actions. If your company is a startup you most likely do not need to buy an OTCBB shell. You can file either an S1 or Form 10 and your company will be public in [...]

continue reading.....

This entry is part 3 of 5 in the series Going Public in Today’s MarketDeciding which vehicle to use when taking your company public depends upon how quick you want to get to market. If you have a compelling technology or if you have funding sources that have shown great interest in providing capital [...]

continue reading.....

This entry is part 2 of 5 in the series Going Public in Today’s MarketThe first thing to understand when taking your company public is the time element involved. The time element and your choice of SEC registration vehicle will also determine the cost of going public. I have listed several different vehicles and the [...]

continue reading.....

This entry is part 1 of 5 in the series Going Public in Today’s MarketToday’s entrepreneurs have to think “out of the box” when it comes to bringing their companies public. The traditional IPO route no longer exists for emerging growth companies.
After the collapse of Internet stocks in 1999 and 2000 broker dealers found religion [...]

continue reading.....