Archive for February 25th, 2009

Yes, Virginia, There are No Form 10 Shell Resale Registrations…

By David Feldman at 25 February, 2009, 10:18 am

I wanted to comment on lawyer Virginia Sourlis’ attempt to complete a resale registration inside a Form 10 shell while it was still a shell, which was recently covered by the Reverse Merger Report. Several years ago, Virginia set up a number of Form 10s that she now owns. She then decided to file a resale [...]

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Form 10 Shells - Doing Fine Thanks

By David Feldman at 25 February, 2009, 10:00 am

A large percentage of the Form 10 shells my law firm represents that are awaiting transactions face an important decision in the next month or so. Do they want to continue filing with the SEC, file their Form 10-K due at the end of March, pay the auditors, pay us, etc.? Or give up, take [...]

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