Where Are You From? 2011 Update.. 1

Occassionally I take a look at the groovy analytic tool that Google has which tells me, when you log onto the RM blog, what network you are from and from what country you hail. I also get great info about what pages are visited and so on. Well over 30,000 visits to our humble blog just ...

Do Chinese Companies Give the PRC Government Different Financials than to the SEC?

Well, kind of, but. The latest Reverse Merger Report talks about the fact that short sellers have been focusing on alleged differences between filings by public Chinese companies with their government as compared to what is filed in the US with the SEC and made available to the public. Audit experts point to the fact ...

Tip of the Week: Shells – The Clean, the Dirty and the Messy 3

The ideal shell is one that is squeaky clean: well-kept, organized and current records, with no history of unsavory behavior. These are not always easy to find. Form 10 shells are formed as blank check companies solely for the purpose of a reverse merger and generally are much less likely to raise these concerns. In ...

A Digression for Bernie M.

Convicted swindler Bernie Madoff has relevance to the small and midcap worlds because this is where he lived mostly – in the penny stock world of small cap stocks. He was Chairman of the Nasdaq in its early years long before Microsoft was a household name. Apparently the narcissism never stops as BM has given ...

Are You Ready for XBRL?

If you don’t know what XBRL is and you deal with public companies you are already behind the 8-ball! Well, XBRL stands for eXtensible Business Reporting Language (as my son said, it should have been EBRL but I guess they thought starting with an X would be cool).  Here is a summary of a brief description ...

Time for Regulation A Reform? Part III 2

Here is the last part of this series on the possibility of reforming SEC Regulation A, which allows a streamlined process for completing a public offering of up to $5 million with certain advantages and disadvantages as described in the prior parts to this series. Congress has begun to focus on helping improve capital formation ...

Left and Right Agree: Small Business is Key to our Economy

Today would have been Pres. Ronald Reagan’s 100th birthday. There are various events and news reports covering this event. Why? Because most agree Reagan was a transformational figure in the world and in US politics. Most give him great credit for helping end the debilitating Cold War even if they didn’t always agree with his ...

2010: Big Year for Reverse Mergers

The January issue of The Reverse Merger Report provides a great deal of detail about the market for reverse mergers in the year just passed. Bottom line: pretty much everything was up. Number of deals (246 deals, a 25% increase), number of Chinese deals (81 deals, up 76%, still about one third of all reverse ...