British Columbia weighs in…

A fellow blogger clued me in to this. Our British Columbian neighbors to the north are concerned about protecting the reputation of the province’s issuers, investment dealers, and other market participants who legitimately trade on the U.S. OTCBB and Pink Sheets, and they may soon have better legal tools to improve disclosure of OTC issuers ...

News Flash! KKR Going Public Through Reverse Merger

I am putting together a more comprehensive piece, but wanted to get the word out there. Kohlberg Kravis Roberts, the famed private equity firm, featured in the classic book and movie Barbarians at the Gate, is going to go public in a reverse merger, without raising new funds. Technically they are taking over majority control ...

Tip of the Week: Are You Sure You Should Go Public?

There are five major advantages to going public. The desire to benefit from some or all of these should be the reason you want to make the move from private to public. Take a look at the following list and see if these advantages will improve your company’s long term prospects; however, don’t forget to ...

Guest Blogger Tim Keating Weighs in on Rule 144(i) Changes…Let the Debate Begin 1

Intro from me: I have asked my good friend and client Tim Keating, with whom I have a respectful disagreement as to the impact of certain aspects of the recent SEC changes to Rule 144, to write a piece setting forth his view of the issue to be posted here, and he has offered the ...

Text of My Request for Interpretive Guidance to the SEC on Rule 144(i)

A number of blogees have emailed me asking if I can post the letter I sent to the SEC requesting interpretive guidance with respect to whether or not the “evergreen” requirement in new Rule 144(i) is retroactive. I hereby do so. I have been informed that the SEC has received and is reviewing the letter, ...

What's Important

Heading back from our family’s annual summer trip, which was incredible bonding time as usual. My two kids, nephew and one of my daughter’s friends made it extra special. There is simply nothing more important in life than the joy of your loved ones. For some people it is a favorite sister or cousin. Some ...