House Drafts Increase in Reg A Limit to $50MM

The US House of Representatives Financial Services Committee has released a draft bill called the Small Company Capital Formation Act of 2011. The first salvo in what we hope will be more Congressional efforts to help small companies with capital formation. The bill, just four pages long (!), basically increases the amount you can raise in a ...

Did Sarbanes-Oxley Kill IPOs?

The op-ed page of the Wall Street Journal yesterday declared that what it called the “bipartison overreaction to the accounting scandals at Enron and WorldCom” known as the Sarbanes-Oxley Act of 2002 (SOX) is the primary reason that there are now very few initial public offerings. The article implores the Administration and Congress to grant SOX relief as ...

RM Could Help Madoff Victims

According to this month’s Reverse Merger Report, a company that is owned 11% by Bernard L. Madoff Investment Securities completed a reverse merger last month. The company, AbTech Holdings, merged with a shell called Laurel Resources. AbTech makes products to remove pollution from water, according to the RMR. The good news: anything that comes out ...

A Word About Japan

There are many man-made calamaties in this world. The situation in Libya, Egypt, Afghanistan, Charlie Sheen, you name it. But those brought about by Mother Nature seem to be among the worst. From all of us come our most heartfelt thoughts for the people in Japan affected by this horrendous earthquake and tsunami. Unfortunately, there’s ...

See You at the Roth Conference…then China!

I am excited to be joining my friends at Roth Capital this week at their annual OC Growth Stock Conference in Laguna Niguel, CA. It seems that hundreds of companies will be there presenting and it is a real gathering place for those working with small and mid-cap companies to get them public and keep ...

Whither the OTCBB?

The OTC Bulletin Board (known to all as the OTCBB) started in 1990 on a pilot basis and was made permanent in 1997. As of 1999 all OTCBB companies were required to be fully SEC reporting. Unlike major exchanges such as Nasdaq, where the relationship is between the exchange and the company, on the OTCBB, it is ...

Are PIPE Registration Rights Headed for the Buggy Whip?

  There are still a few old brick walls in downtown Manhattan with very faded painted ads for buggy whip companies. This was a big business in New York before the auto industry hit, when people needed whips like the one above (like my graphics?) to get their horses to comply. This was also before there ...

Where Are You From? 2011 Update Part II

In this second part of our sort of annual update on where our blogees are visiting from, we focus on location. My Google analytic tool is very helpful in figuring out where you all hail from in the past year. Well let’s start with this – over 124 countries have been represented in the last ...