China
FBI Raids Offices, Home of RM Player
By David Feldman at 28 January, 2012, 12:08 pm
Federal criminal investigators have raided the offices and apartment of an active Chinese reverse merger player, according to the Financial Investigator. The player’s group, located on Wall Street, didn’t reply to the reporter’s effort to receive comment. Although the fallout from the allegations of fraud from Chinese reverse mergers has not been substantial yet (other than the [...]
Read More >>SEC & PCAOB Meet Again with Chinese Finance Leaders
By David Feldman at 16 January, 2012, 3:23 pm
The Wall Street Journal has reported that there was another meeting between “a delegation of Chinese officials” and the SEC on January 11 and the PCAOB was also slated to meet with them a few days later. As we know, there is an ongoing discussion between the two countries regarding how to oversee Chinese based [...]
Read More >>Where Are You From? 2012 Edition Part III
By David Feldman at 14 January, 2012, 2:51 pm
Here’s the last part of the series on where our blogees hail from both geographically and company-wise. In this entry we cover who is here from Wall Street, academics and others. Here we go: Wall St. Firms: Thanks for staying with me for years folks at Credit Suisse, JP Morgan Chase, Deutsche Bank, Goldman Sachs, [...]
Read More >>Chinese Company Accuses Nasdaq of Racism
By David Feldman at 9 January, 2012, 11:51 am
Greetings from somewhere above the Midwest on my way to speak at the OneMedPlace conference in San Francisco this week, with the latest RM news. Barron’s reports that a lawsuit was filed this past Thursday against Nasdaq by CleanTech Innovations (CTEK) which was delisted from Nasdaq over a year ago. The suit claims, essentially, that [...]
Read More >>Where Are You From? 2012 Edition Part I
By David Feldman at 1 January, 2012, 3:11 pm
Happy New Year to all! I will work soon on my annual New Year’s wish list, which sadly will look much like last year’s list! In any event, I wanted to provide my annual review of you, my faithful blogees, in letting you know who your fellow readers are and where they come from. As [...]
Read More >>More Thoughts About Israel – We Need to Educate Each Other
By David Feldman at 19 December, 2011, 8:19 am
As the holiday season continues in full swing here in the US, life continues as normal for our friends in Israel. As the “alternative finance” community ponders the most effective strategy to assist exciting Israeli growth companies in raising capital and moving to the next level, some specific thoughts about how best to do that [...]
Read More >>Preliminary Thoughts about Israel
By David Feldman at 15 December, 2011, 11:05 am
As is so often true on foreign trips, the last six days here in Israel have packed in about two weeks of activity and information flow. From the DealFlow conference to meetings in various far-reaching corners of this amazing country, here are some preliminary thoughts for those of us thinking about helping Israeli companies find [...]
Read More >>Is the China Comeback Commencing?
By David Feldman at 13 November, 2011, 12:17 pm
Here are the latest mixed signals from the headlines: – US officials charge Longtop Financial with failing to file accurate financial reports – Lashou to complete IPO on Monday and raise $80 million – Harbin Electric goes private for $800 million – NY Court throws out securities fraud claims against China North East Petroleum – VC [...]
Read More >>Temperature Heats Up in PCAOB-China Talks
By David Feldman at 1 November, 2011, 11:12 am
The Reverse Merger Wire reports that Public Company Accounting Oversight Board (PCAOB) Chair James Doty is growing a little impatient with Chinese securities regulators over the issue of inspections of Chinese accounting firms that are auditing US public companies. There was an apparently positive meeting between the PCAOB and Chinese officials in July in Beijing. But [...]
Read More >>Tough Quarter for RM as SEC Roundtable Convenes
By David Feldman at 17 October, 2011, 10:08 am
I am aboard Amtrak’s fabulous Acela train on the way to participate in a panel at today’s SEC Roundtable on microcap securities in DC. Follow the webcast live starting at 1pm Eastern time at www.sec.gov. I hope to talk about reverse mergers today. About our three year effort to reverse the “evergreen” requirement to remain [...]
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