Rule 415 Update – Positive News

In recent days, there have been several positive pieces of news on the Rule 415 front (see posting below for more info on this issue). First, a law firm which represents many issuers has circulated a memo resulting from their meeting with several senior SEC staffers. The memo suggests that it does appear that the ...

Advantages of a Reverse Merger Versus an IPO

As I discuss in my new book REVERSE MERGERS, utilizing a reverse merger to become publicly traded provides seven major advantages over a traditional IPO: * Lower Cost – Reverse mergers usually cost significantly less than an IPO. Total costs can be much less than $1 million, depending on the cost of the shell and ...