Archive for May 5th, 2009
SEC Veteran Returns to Run Corporation Finance
By David Feldman at 5 May, 2009, 5:19 pm
Meredith Cross, an SEC staffer through the 1990s, has been selected by Chairman Mary Schapiro to return and run the all-important Division of Corporation Finance. “Corp Fin,” as it is known, oversees every public company’s disclosure. It took a little longer than expected for this spot to be filled. Ms. Cross has a strong background, [...]
Read More >>Shell Prices Dropping…Again
By David Feldman at 5 May, 2009, 6:23 am
Just in the last six months we have seen prices of trading “legacy” shells which have had or proposed real operations drop rather dramatically. A deal we closed in October involved a price of about $550,000. That was seen as a big drop from prices that approached $1 million in early 2008. Now we are [...]
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