Tip of the Week: Due Diligence 3

Most people look for “clean” shells, companies with well-kept, organized records and no history of unsavory activity, but what they get more often are “messy” or even “dirty” shells. Due diligence is extremely important in reverse merger deals to weed out the good shells versus the bad shells. Taking shortcuts in the due diligence process ...

If I'm a hardliner, so be it…and another idea the SEC can implement now… 2

Some of the “other blogs” in this space have been preaching that it is ok to form so-called “footnote 32″ or now “footnote 172″ shells, because the SEC does not catch you in the act of deceiving the public. These at best questionable and at worst fraudulent shells are created by putting an apparently real ...

Speaking of lawyers…

I know that many of you who are regular visitors are attorneys at some of the largest law firms in the world (Google has a wonderful analytic tool that allows me to see what network visitors come from). Some would say this is of no help to me as I seek to promote my law ...

There's this one about the lawyer…

US Presidential candidate John McCain likes to tell this joke on the campaign trail: what’s the difference between a catfish and a lawyer? One’s a scum-sucking bottom feeder, and the other is a fish. Lawyers are used to taking heat. Today I visited a dental surgeon for relatively minor surgery. How many dentist jokes are ...

FAQ and Glossary Added to the RM Blog

In case you hadn’t noticed, on the top right of the blog home page, above the picture of the cover of my book, we have added an FAQ (for old guys like me that means “frequently asked questions”) about reverse mergers, as well as a good chunk of the glossary already found in my book. ...

Register for the Reverse Merger Conference!

The biggest RM conference of the year will be held in Los Angeles on June 18-19. The event, sponsored by DealFlow Media, typically attracts 300-400 attendees all interested in our space. To register, go to their site. I have no personal interest of course, other than that I expect to be a speaker. Also, DealFlow’s ...