Virgin shells
RM Crowd Heads North - Part II
By David Feldman at 6 July, 2010, 10:37 pm
While a large chunk of the RM Conference in Toronto focused on Canadian stuff, there was a good panel updating everyone on China. There continues to be a “flood” of financings for Chinese companies that look to be or already are trading in the US. Valuations have been compressing and slowing things a bit, with [...]
Read More >>Off to Toronto
By David Feldman at 23 June, 2010, 12:56 pm
As I mentioned here last week, I’m heading soon to Toronto to attend DealFlow Media’s annual Reverse Merger Conference which takes place June 29 and 30. The panel I am moderating is late on the 29th and is all about Form 10 shells. The bottom line that I believe our panel will relate: Form 10 [...]
Read More >>Deals are Back!
By David Feldman at 22 March, 2010, 5:35 am
This month’s Reverse Merger Report lets us know that deal volume in February hit an all-time monthly high of 31. The article also talks about the increase in the use of Form 10 shells in reverse merger deals, mentioning the reverse merger of Kobe Sport with a Form 10 shell that month (disclaimer: my law [...]
Read More >>Reverse Merger Report Touts Form 10 Shells
By David Feldman at 21 February, 2010, 12:28 pm
In the most recent issue of the Reverse Merger Report, the growing popularity of using Form 10 shells in reverse mergers of Chinese companies was reported. In particular, notes the article, some Chinese dealmakers are finding frustration with companies merging onto the OTC Bulletin Board. They feel that WestPark Capital’s WRASP structure, in which a [...]
Read More >>Tip of the Week: How Long Does it Take? Part III
By David Feldman at 15 February, 2010, 2:58 pm
New potential clients pondering a reverse merger or self-filing always ask, understandably, how long does the process take to get my company public? How long to get trading? How long until real trading commences? I broke this down into three responses. We talked first about how long the process can take simply to be able [...]
Read More >>Tip of the Week: How Long Does it Take? Part II
By David Feldman at 11 February, 2010, 7:49 pm
New potential clients pondering a reverse merger or self-filing always ask, understandably, how long does the process take to get my company public? How long to get trading? How long until real trading commences? I broke this down into three responses. We talked first about how long the process can take simply to be able [...]
Read More >>Tip of the Week: How Long Does it Take? Part I
By David Feldman at 9 February, 2010, 7:21 am
New potential clients pondering a reverse merger or self-filing always ask, understandably, how long does the process take to get my company public? How long to get trading? How long until real trading commences? I’ve decided to break this down into three responses. Let’s talk first about how long the process can take simply to [...]
Read More >>Shell Prices Heading North
By David Feldman at 24 January, 2010, 12:05 pm
Another sign that things are beginning to recover for the RM world - following a steady decline which started in mid-2008, shell prices seem to have turned the corner and are going up again. For much of the early 2000s, trading “legacy” shells went for between $150,000 and $250,000. As things heated up so did [...]
Read More >>Interesting New Method of Shell Creation - But be Careful
By David Feldman at 14 December, 2009, 6:42 am
As you all know as faithful blogees, I have been trying to find every legitimate way to create a shell that does not involve deception, failing to disclose real intent and so on. Until now, I had thought the only way to do that was by inheriting the now-dormant public vehicle that was a real [...]
Read More >>PIPE Conference Take-Aways Part II
By David Feldman at 4 December, 2009, 12:15 pm
Following the panel on OTCBB PIPEs, I moderated a panel on cutting edge trends in APOs. We continued the discussion on Form 10s much as on the prior panel. One panelist felt it was just simpler not to have to educate an investor about the benefits of the Form 10, even though those benefits may [...]
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