Reverse Mergers
China De-Brief Part II
By David Feldman at 3 June, 2010, 7:49 am
Now that the long Memorial Day weekend is behind us and I have had a few days to become somewhat unburied from being out of the office for my China trip, I have a few minutes to provide more information about my trip.
The highlight of the trip was DealFlow Media’s International PIPE Conference in Shanghai. [...]
China De-Brief Part I
By David Feldman at 27 May, 2010, 2:52 am
I am heading home after a fascinating 9-day trip to Beijing and Shanghai. Much to tell about the PIPE Conference, but we’ll save that for later posts. Here I just thought I would start with random notes and observations about China in mid-2010:
1. More and more Chinese have their email traveling with them as the [...]
China, China, China
By David Feldman at 14 May, 2010, 10:16 am
In real estate, they say, the three most important things are location, location and location. In the 2000 contested US presidential election the mantra was Florida, Florida, Florida. In reverse mergers these days, well it’s China, China and China. Fully one -third of the reverse merger transactions in the last few years have come from [...]
Read More >>Check out my podcasts!
By David Feldman at 12 May, 2010, 10:53 am
I’ve started doing podcasts on various reverse merger and IPO alternative topics. You can find them on my firm’s website at http://www.feldmanllp.com/feldman-podcasts.htm. I’ll also post links here. The first one I did was an overview of SEC Rule 144(i). You can hear it right here: feldman-on-rule-144i-3-2-102
Enjoy!
Thanks for the Book Review!
By David Feldman at 10 May, 2010, 6:00 am
Prolific author and commentator Steven Bragg was kind enough to review the new edition of my book Reverse Mergers and Other Alternatives to a Traditional IPO (Bloomberg Press, 2009). I am honored to have received 4-1/2 stars from Mr. Bragg, the highest rating he has ever given! You can find the full review at http://www.accountingtools.com/Book-Reviews/Reverse-Mergers.html.
As the [...]
Can You Legislate Ethics?
By David Feldman at 8 May, 2010, 6:36 pm
Sarbanes-Oxley. The Securities Act of 1933. SEC Rule 419 regulating reverse mergers. The SEC’s latest super-hyped and interestingly timed fraud case against the venerable Goldman Sachs. And now Congress’ attempt at reforming the finance industry. Let’s put politics aside (we do our best to be a non-political blog) and think about the real purpose of all [...]
Read More >>Tip of the Week: Raising Money Great Reason to Go Public - If it’s Available
By David Feldman at 3 May, 2010, 6:15 am
Probably the single most common reason that companies consider going public, whether through IPO, reverse merger, self-filing or other method, is the greater access to capital, typically at more favorable valuations, than might be the case if the company remained private. In real estate the most important values are location, location, location. In going public [...]
Read More >>Tip of the Week: Choosing the Right Auditing Firm
By David Feldman at 20 April, 2010, 5:55 am
If you are going public and your financial statements have never been audited by an independent accounting firm, in most cases you have to hire a firm to perform this audit. Usually it covers the last two full fiscal years. The auditing firm must be both registered with the US Public Company Accounting Oversight Board [...]
Read More >>Dow 11,000….Nice!
By David Feldman at 13 April, 2010, 6:20 am
The Dow Jones Industrial Average closed above 11,000 for the first time since September 2008 yesterday. We’ve come a long way. Last night I was watching the cable show Mad Men, and a TV report in that early 1960s show was talking about the Dow “surging” almost two points that day.
The market is back. [...]
Tip of the Week: Derivatives in Shells
By David Feldman at 13 April, 2010, 6:08 am
Sometimes a shell contains previously issued options, warrants or other securities that have the right to convert or exercise into common stock. These “derivative” securities have many valuable purposes in normal operating businesses. Typically these securities are exercisable or convertible at a price that is much higher than the stock is trading at on the [...]
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