Archive for January 23rd, 2007

Tip of the Week - Beware Footnote 32

By David Feldman at 23 January, 2007, 7:04 pm

As mentioned in my book, a tiny footnote in the SEC’s rulemaking on reverse mergers in July 2005 essentially invalidated, in my mind, a large number of publicly trading shells. Sometimes a “company” (sometimes an actual tiny business and other times an entity alleging it is a start-up) completes an IPO or other going public [...]

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