"New Contact Information"

Reprinted from our sister blog at www.reboundpost.com: How many emails with this as the subject line have you gotten lately? I seem to be getting about two a day. Everyone is moving around. In a good number of cases it is people who were laid off finally finding new employment. This is a good sign ...

Tip of the Week: Value of Nasdaq or NYSE Amex Shell? 2

Occassionally a client comes to my office excited that they have found a shell listed on Nasdaq or the NYSE Amex. It saves a step they say, because they can complete a reverse merger and be immediately listed on the major exchange. In fact, the benefit is not as substantial as one thinks, and it ...

Second SPAC of 2009 Filed

In a hopeful sign, the SPAC Report confirmed that an off-shore SPAC formed by GSME Partners in China is in registration with the hope of raising about $41 million. The underwriter is Cohen & Company. The SPAC will operate as a foreign private issuer. The only other SPAC filed this year is called Asia Select Acquisition I Corp., ...

KKR Completes Reverse Merger

Earlier this month Kohlberg Kravis Roberts, the famed private equity firm, featured in the classic book and movie Barbarians at the Gate, completed a reverse merger, without raising new funds, and is now a public company traded on the Euronext. It has taken quite awhile. Two years ago they tried an IPO but then that market dried ...

Third Quarter RM..Still Recovering

The Reverse Merger Report this month brought more sobering news that the number of reverse mergers remained lower last quarter. There were 36 completed deals with an average value of $23 million, but that was skewed by one very large one. This is compared to 49 IPOs done in the third quarter globally (but only ...

Tip of the Week: Pick the Right Auditors!

Whether setting up a shell company utilizing SEC Form 10 or an operating company completing a reverse merger or self-filing, a critical member of the team are the auditors representing the company. Choosing the right auditors is not always easy. Some compete almost entirely on price. Others boast expertise in the industry in question. If a ...

California Dreamin'

Reprinted from our sister blog at www.reboundpost.com: For those of us old enough to remember (I am almost not quite), one of the greatest rock songs ever, “California’ Dreamin,” was written by the Mamas and the Papas in 1963 and released in 1965 (well I was in kindergarten). The classic has been covered a million times by ...

Tip of the Week: Due Diligence is Critical! 4

Whether you are a private company seeking to merge with a shell, or a shell company looking to find a private company, proper review of the other party’s legal, financial and business background is critically important. It can be done efficiently, but never cut corners when it comes to due diligence review. Here’s just a ...

Pre-Order the Second Edition of my Book!

I have just learned that Amazon can take pre-orders for the second edition of my book Reverse Mergers. Here is the link if you are interested: http://www.amazon.com/Reverse-Mergers-Other-Alternatives-Traditional/dp/1576603407/ref=sr_1_1?ie=UTF8&s=books&qid=1254426705&sr=1-1 I am very proud of the job we did updating the world of IPO alternatives in this new edition, which is officially available on December 2. I am ...

The Auditor Who Didn't

The Reverse Merger Report‘s lead story this month is about auditor Michael Moore (no relation to the film director). The Las Vegas CPA was accused of fraudulently auditing over 300 shell companies (disclaimer: one was a client of mine). Or rather that he simply didn’t audit. He had no real staff but hundreds of clients ...