New Year’s RM Resolutions
By David Feldman at 26 December, 2009, 11:12 am
As the holidays zip by all too fast, I thought I would pass along the few things I am hoping to do in the year to come. I resolve:
1. To work with the SEC to try to eliminate the onerous “evergreeen” requirement which burdens all former shells forever with a requirement to stay current in their SEC filings for a shareholder to be able to use Rule 144 to sell unregistered shares.
2. To continue to educate players in finance, in particular in the private equity and venture capital worlds, as to the benefits of alternatives to traditional IPOs.
3. To keep the RM & SPAC blog as a center of discussion for our industry.
4. To always keep a very open mind as to all legitimate methods for creating and utilizing shell companies.
5. To continue to try to eliminate fraudulent efforts to bypass regulations in our industry so as to do all possible to continue to improve the perceptions of the players in the RM world.
6. To continue to provide my clients in this space with thorough, exacting work that is efficient, fast and reasonably priced, but ensuring their maximum protection in this sometimes precarious field.
To all, my faithful blogees, I thank you so much for keeping our humble site as successful as always, even in some pretty dark times in 2009! Here’s to a happy and prosperous New Year to all….
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