Comments on: Contact

By: Edward L

Edward L — Wed, 12 Dec 2007 03:33:36 +0000

I have been requested by Company to get a OTC BB trading shell ,can you tell me how can you help me to get the best deal possible?
Thanks.

Edward

By: Wade M.

Wade M. — Fri, 07 Dec 2007 09:41:21 +0000

Hi Ralph. Great content on your site. I have a couple questions. In your examples above, you mention people buying shells that is 99% deliverable rather than 51%. Why would they do that if they can go with the 51% shell and do a ridiculously high reverse split, to get the float down to 1% all the time. In other words, what is stopping the company from doing a 1 million to 1 reverse split?

My other questions is regarding a company who has already traveled down the wrong path because they weren’t smart enough to look at your blog first, who got ripped by the shell company and has too many free trading shares going around driving their stock price to .10. How do they fix this problem without hurting the honest shareholders with a reverse split?

Thanks in advance for your time,

Wade

By: Grace

Grace — Wed, 01 Aug 2007 22:24:53 +0000

Ralph,

Also, does your comment re: the PCAOB designation requirements in your July 30th entry also
apply in the context of privately held company mergers into public companies that are
not shells and are actual operating public companies?

Thanks.

By: Grace

Grace — Wed, 01 Aug 2007 16:18:20 +0000

Hi Ralph,

I had a question re: your July 30th posting about the advantages of a reverse merger.

Specifically, if the target company is a private company and is being merged into a public company
so that an 8K disclosure is required… do the audited financial statements have to be completed by
an firm wtih PCAOB designation. And if so, could you lead me to where you arrived at the conclusion?

I saw that you said to make sure that the CPA firm has a PCAOB designation in your coments, but I wasnt sure
if that applied only in the context of public companies or also applies when providing financial information
about the private companies to be merged into the public company.

If you get a chance, could you please let me know. I would appreciate any input you may have.

Thanks in advance… hope all is well.

Grace