Posts Tagged ‘why go public’

Looking For An S1 Lawyer? Watch Your Back Jack

Saturday, July 31st, 2010

For companies wanting to go public the basic understanding is to find an S1 attorney that will look out for your best interest and make the process easy. But what you’re not thinking about is the sub-sector of predatory attorneys that just look at you as easy prey. They’ll jump into your company, distract you by confusing you with technical jargon, fast talking and stressful scenarios that could never happen and when you’re not looking they’ll carve out a nice fat piece of equity on top of their excessive fees that pile up as they rob you blind with their insularely fees.

Qualify your S1 lawyer the way you would a blind, deaf, mute, quadriplegic proctologist before you go in for surgery. The fact that they can do what you’ve read in their promotional material is possible but most likely won’t happen, not that it can’t happen it’s just they can’t make it happen. Got it?

Be wary of S1 attorneys that will try to confuse you and distract you from your original goal. Let’s say it was your goal to go public on the OTCBB, the attorney who wants to take you for a ride will distract you with statements geared towards far fetched issues to scare you into submitting to their, not so far off, actions of adding fees, slicing off equity and other things of this nature. A perfect example is an attorney who gets involved with the client’s PPM share price with oppressive authority. If you’re company has a valuation of $3m they are trying to tell you to sell shares pre public for $1.00 or so which is absolutely, completely unrealistic, especially when you look at existing in the post public arena. They will tell you that at .20 cents per share pre public your pre revenue company will never have a chance to get on the NASDAQ (NASDAQ should be the furthest thing from your mind at this stage as you should be focusing on your pre public share price and post public IR). If the predator S1 lawyer sees you’re organized and have a solid comprehension of the process they will take away your confidence in those around you to gain more dependence by you. They will tell you that you can’t pay your IR firm the way you’ve already pre negotiated or that they are dirty or whatever.

When it comes to the PCAOB audit they will absolutely insist on you using their guy even though he charges twice the amount of other firms that gave you a quote and you can rest assured that the markup is their commission for scaring you into using this firm.

At the end of the day the predatory S1 attorney will confuse you, up-sell, over charge, scare, belittle and whatever else they have to do to make sure that at the end of the day they can get away with charging and taking everything without having to deliver anything and it will be structured so that the blame falls on you for not fulfilling the obligations set on you by the attorney. Good luck out there!

S1 Filing, Taking Your Company Public, Valuations and Investor Relations Services Free Video Download , Take Your Business Public and Globalize Your Business call Princeton Corporate Solutions at 267-233-0183 We Have The Industry’s Top Financial Blog We Can Make Global Growth Happen For Your Company

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S1 Filing – S1 Comments – Find The Right S1 Attorney

Saturday, July 17th, 2010

I wish I could say that I wasn’t writing this article from experience but that would be a lie. I wish I could say that chemistry is never an issue between the consultant, S1 attorney and newly elected board members but that would be nave.

The truth is some attorneys who perform great on some public offerings are an absolute nightmare on other transactions. Some board members with a gargantuan size portfolio of contacts are worth the aggravation on some deals but on others fall flat on their face as they try to take the whole company to the ground with them. The reality is qualifying an attorney for the process of an S1 filing goes far beyond whether they’ve got time and experience under their belt. You need to ask the more difficult questions that are almost impossible to test for such as, how do they react in stressful situations? Are they open to stepping outside of their comfort zone to engage in cutting edge filing strategies to speed up the offering process? Do they help with the fundraising? Are they able to refer a PCAOB auditor and a market maker to file the 15c211? These are things that need to be addressed with your S1 attorney but are difficult to actually test beforehand.

Each lawyer is different and all I can say is sit down with them and drill them with a million different questions from a multitude of angles to test their knowledge and their patience. Watch their facial expressions, hand gestures, eye and forehead shift. Look for a bouncing leg or foot and other nervous habits and what questions did you ask to trigger this nervous twitch?

The same techniques can be used for qualifying a board member. The only way to get the best idea of whether there is a fit is to push them to the brink during the interview?

Be careful with this as many qualified professionals could easily take this challenge as disrespect and they’ll walk so don’t be rude or arrogant but with a placid look on your face and a calm voice, drill them and drill them hard.

Many consultants in this industry, myself included had to learn this lesson the hard way and took a lot of time and effort to correct the mistake of bringing on the wrong individual for the solution we were seeking. This is an extremely high stress industry and the environment is constantly at 100 degrees.

Concentrate on being calm, forward thinking, compromising on some issues and uncompromising on others, write down 10 pages of questions and when you sit down with the candidate ask all those questions and other questions that come to mind during the meeting. Test them, push them and get the right person for the job.

15c211 Filing, S1 Filing, Taking Your Company Public and Investor Relations Free Video Download , Take Your Company Public and Globalize Your Business call Princeton Corporate Solutions at 267-233-0183 Free Video Take Your Company Public and Expand Globally FAST We Can Make Global Growth Happen For Your Company

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Take Company Public – Investor Relations Solutions – You’re In Shark Infested Waters

Tuesday, July 13th, 2010

Before you decide to go public allow me to paint a picture for you. You’re on a crowded beach, the water is warm, the waves are calm and you decide to break away from the crowd and confidently swim a little further than everyone else. All is calm; the sun gently warms your back as one stroke after the next takes you further from the beach and closer to the distant horizon. A few minutes later the sun is covered by clouds and like a bomb ‘BAM’ a crack of thunder, lightning lights up the sky and buckets of rain begin to pour from gray clouds. You look back and the entire beach is deserted.

The lifeguard shack is empty and the waves begin to build. You’re trying to swim back to shore but the current violently drags you out further into the ocean. You fight to stay afloat as one wave after the next crashes upon you. Your lungs fill up with water, you’re muscles cramp and just as you’re about to give into your fate, the rain stops and the water becomes calm. You can gather just enough energy to begin to swim back to the beach. All of a sudden you feel a bump on your thigh and then a sharp pain on your foot as you’re drug down into the darkness and as you fight to free yourself you notice that you’ve unknowingly swam into the center of a starving school of sharks and they take turns gnawing off pieces of your flesh.

Your arms, back, legs, neck, face, chest and feet all shredded by the razor sharp teeth of sharks. The blood only attracts more sharks of different colors and shapes. All you can do is kick, punch and scream to keep your limbs intact then suddenly you feel sand beneath your feet, you’ve reached the shoreline and you craw with every ounce of strength you have left toward the abandoned lifeguard shack. Once you’re on land you look out at the ocean and the entire expanse of the water is teaming with sharks. You look down at your body and though in one piece has been ripped to shreds.

This is the most accurate description I can give of what it’s like to try to go public or expand globally without the proper game plan and consultants watching your back and helping you contemplate your chain of moves as you go forward. There is an entire industry out there that is just waiting for you to step off the path and into the shadows so they can get a piece of you. Wasted capital here, wasted capital there, it all adds up.

When taking your company public or planning a product or service expansion into outside geographic proximities why go it alone? Seek out qualified consultants that can navigate you through the shark infested waters so that you can achieve your goals quickly and with as few bumps in the road as possible.

Follow us on Twitter Princetoncorps , Take Your Company Public and Globalize Your Business call Princeton Corporate Solutions at 267-233-0183 Free Video Take Your Company Public and Expand Globally FAST We Can Make Global Growth Happen For Your Company

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Take My Company Public – Taking Your Business Public – Enough Goofing Around

Tuesday, July 13th, 2010

When it’s the right time to go public and you’ve looked at the pros and cons from all angles, it’s time to move forward and structure the company so that you can have a corporation worthy of investment dollars. First look at your company structure.

Do you have a well pedigreed and economically seasoned CEO, CFO and COO? Is your board of directors composed of the best of the best that your industry has to offer? Do you have a secondary board of advisors to pick up the slack where needed? Do you have strategic alliances in place to make expansion easier via distribution access, cross promotion and other necessary processes that you’ll need in a post public setting?

What mechanism will you use to distribute shares for your pre public raise? Is your business plan a powerful, ultra effective strategy or is it a boilerplate template that every funding source has seen a dozen times before?

Next, have you brought on a consultant to analyze your company and check for leaks, perform a valuation and start the process of going public? Don’t be shortsighted by trying to do this on your own or listening to the wrong people. Unless you have a professional onboard to navigate you through the process of preparing and completing the going public process you’ll be doomed from the start.

Don’t look at getting a trading symbol from FINRA as the finish line as this is just the beginning of the battle. You need a presents now more than ever. Your consultant will help you identify PR and expansion worthy mergers and acquisitions while simultaneously strategizing with investor relations agencies for the most impact at the best price.

Going public and achieving a symbol is the beginning of a whole new set of opportunities to grow your company in ways that you could never have imagined but it’s also a massive responsibility that can sink your company faster than quicksand. Be prepared for the process. Hire a consultant and place the best people in positions around you and you’ll be able to move forward with the wind at your back.

FREE Download of the Ground Breaking eBook Taking A Company Public, to find out how to take our company public, structure a company, globalize your concept and much more. Click here to get Free Pre IPO Investor Alerts

categories: take a company public,take company public,take business public,advantages to taking company public,why go public,otcbb,otc ipo,why go public,investor relations strategy,investor relations consultant,investor relations consulting

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Taking Company Public – Take Yor Company Public – Private Placement Memorandum

Tuesday, July 13th, 2010

If you think economic conditions are tough now, you haven’t seen anything yet. Europe’s collapse is just getting started which will affect our exports, banking and real estate market all over again. Our nation’s current financial traction is only temporary and we still have one to three more cycles of down spiraling real estate market conditions to deal with.

Believe none of what you hear from politicians and half of what you see as to them it’s all just a sitcom entwined in smoke and mirrors. To your local government official you’re just a rat on a treadmill chasing after scraps from their table. Do you honestly think you matter to them? All they care about is votes, don’t be naive by thinking they ran for office because of social conviction.

You are just a vote on a ticket in a ballet box, nothing more. The two sectors of the market that have been hardest hit are small/medium size business due to lack of growth capital and shrinking client base and the employees of these companies who have lost their jobs because of cut backs. Being that most issues lie with the demise of the entrepreneur let’s take a closer look at the problems they face and how we can solve them.

Small business is the lifeblood to our nation’s economy. Our entrepreneurs feed an economy which once guzzled luxury items, technology and solutions that made our lives easier. With funding cuts from the top of the economic food chain (Fed to banks to entrepreneurs) there are no lines of credit to offset temporary losses which in turn creates substantial losses without the critical and timely rebound. Companies can’t grow because of the lack of expansion capital, lease options and other alternative financing mechanisms.

While your senator will stand and entertain questions at a press conference make no mistake you’re trapped in a spider filled casket in a forgotten crypt. Grim? Absolutely. Disgusting and despicable is more like it. Instead of promoting concepts that can empower business owners, politicians keep silent as we all slide into the tar pit in one communal involuntary suicide.

Here is the information that they are not telling you. Here is a solution to the problem of a bankrupt middle class and the ever shrinking small/medium size business. Our solution lies in two very simple words, “Private Capital”. There are solutions and you have power to change your fate.

Private capital comes in many forms but here we are going to talk about Regulation D Rule 506 which stemmed from the Securities Act of 1933 which is an SEC approved way of splitting your company up into organized shares and selling those shares to the public via public offering through private placement also referred to as a private placement memorandum. You can sell shares to accredited investors who believe in your business model. A PPM can be a pre IPO (otcbb) structure, long term investment with a certain exit strategy or you can pay dividends. There are many options, just pick one and move forward.

My personal favorite for helping qualified corporations raise capital and take control is using a PPM to raise a seed capital round and use the proceeds to fund an SEC audit, S1 Filing, 15c211 filing to FINRA approval and trading symbol disbursement. Yes, it is that easy to take your company public. Most companies won’t qualify for the NASDAQ or NYSE and you shouldn’t even consider the cesspool of the pink sheets but a wonderful platform that works great with the above and a solid investor relations strategy is the OTCBB (over the counter bulletin boards).

Once your company is public you can sell securities and cross collateralize your securities for a quick capital raise with minimal institutional banking intervention and drawbacks. Find a consultant who can take you through the process and can demonstrate solid comprehension of your business genre. Take control now!

Follow us on Twitter Princetoncorps , Take Your Company Public and Globalize Your Business call Princeton Corporate Solutions at 267-233-0183 Free Video Take Your Company Public and Expand Globally FAST We Can Make Global Growth Happen For Your Company

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Taking Your Company Public – Advantages of Taking Company Public

Saturday, July 10th, 2010

When the principles of a company make the decision to go public there are many things to take into consideration. First and foremost, trying to wade through the pariah infested waters of the OTCBB, Investor Relations and strategic growth strategies on your own is a guaranteed suicide mission and you’ll fail. Find a consultant who understands your business and has the contacts to create a turnkey solution to take you from public to private and all the other necessities you’re company is going to need to make it.

As part of your consultant pre qualifications here are the niches you’re the consultant absolutely must be well versed in order for your company to succeed with the public offering and a solid trading volume post public. Better yet, here is what you’re going to need so you can measure your questions against this list when qualifying the consultants to see who is the best fit.

First you’re company will need structuring. What I mean by structuring is that you’ll need to put a sturdy skeletal structure together to carry around your corporate bag of bones, an iron clad skeletal structure would consist of: board of directors with esteemed educational and professional pedigrees and proven track records for assisting companies in your particular genre with getting to the next level from the level your company is currently at pre public. You also need powerful strategic alliances that will increase your name recognition and overall market awareness by affiliations with inter-industry powerhouses. Use strategic partners for promotion, expansion, resellers, referrals, service and product brokering, name recognition, and more.

Talk to your accountant about your corporate structure. Delaware C corporations are a sturdy home state for public companies as the states statutes go back to the original 13 colonies and offer optimal protection and case law to support a growing public company. Some oversees companies prefer Nevada for their quick fix to the foreign owned company problem but ask your accountant and attorney to give you the pros and cons. Statutory domicile will be the advantage to the home of your corporation but if you are operating in another state you’ll still need to file locally while the state of incorporation can offer legislative support from previous case law history. Don’t believe that you won’t have to pay taxes if you incorporate in Nevada, this simply isn’t the case. Read up on this and then get the real deal from your attorney.

Every public company needs solid CEO, CFO, COO, Board of directors, Board of Advisors, Strategic Partnerships to start off. Now, when you have the above you need to start working on monetize-able purchase orders and offering net terms to your clients, in other words start building your book of business aggressively by offering credit terms. This will make you a stronger company and when investors see your mountain of purchase orders they’ll be impressed and will be more apt to invest. General signed contracts will typically have too many contingencies to have an impact as contracts are not very enforceable whereas purchase orders are like currency and can be monetized if your company finds itself in a crunch. This shows investors that you’re prepared for the ups and downs ahead.

Now after you’ve gone through the s1 comments with the SEC and the 15c211 has been filed by a market maker with FINRA, let’s assume you have your trading symbol and you’re ready to start selling shares. You are going to need a powerful, expensive, rock solid investor relations and market build strategy. Don’t use a pump and dump house as if you do so you will never recuperate. Instead your IR strategy should include: phone room support for announcing your company to industry insiders to create awareness (not selling stock), solid, opt-in email alerts to seasoned, accredited investors looking for stock in your industry, press releases should go out to announce everything from a new executive hire to an new contract to a new strategic partner and anything else that will give you a reason to notify the public on your company’s growth. Expert panel reviews for your C level executives to talk about the industry as an expert insider promote the company to the masses where they will get to see first hand the massive knowledge you possess about your industry which may prompt listeners to investigate your stock for a potential purchase. Don’t forget about viral publicity through high pr video, social bookmarks, blog entry, articles and the prototypical twitter, facebook, myspace and Linkedin properties.

Going public should be part of an overall strategy for expansion as opposed to having a go to just ‘go public’ to raise money.

FREE Download of the Ground Breaking eBook Taking A Company Public, to find out how to take our company public, structure a company, globalize your concept and much more. Click here to get Free Pre IPO Investor Alerts

categories: taking your company public,take your company public,advantages of taking company public,how to go public,why go public,reverse merger,public shell company,james scott,princeton corporate solutions

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Going Public: Good Luck, You’re Going To Need It

Thursday, July 8th, 2010

Taking a company public has multiple intricacies. I get calls and emails daily from people who want a quote for taking their company public and I respond the same way each time, “No Thanks and good luck, you’re going to need it if this is how you’re approaching the process of going public”. Business owners who are seeking a ‘competitive quote’ from a consultant to take them public are asking for trouble and just begging to attract the wolves. Its shocking how many startup consultants are crouched over in darkened alleyways waiting to pounce on unsuspecting entrepreneurs and take their money and deliver absolutely nothing.

If you want to find a consultant worth their weight in salt you need to take the approach of general evaluation using targeted questions to find out if they are truly qualified to take your company to the next level. First and most basic, ask them if they are offering a turn-key public offering service, meaning do they participate in everything from soup to nuts including but not limited to: S1 filing and comments completion for SEC approval and market maker designation and 15c211 filing with FINRA to obtain symbol.

Think of this as the stuffing between the OREO cookies. Now you need to qualify them for their pre public and post public solutions. Pre public you need to make sure they will assist you with corporate structuring, expansion strategies, board of adviser selection, board of director election, executive pedigree evaluation for a public company, corporate and executive publicity generation using traditional means of radio and TV expert panel participation and viral publicity branding.

Your post public strategy is crucial and should be set in motion pre public so that you can hit the public market full throttle from the onset of your public offering. Post public strategies should entail a vast and in-depth investor relations strategy using stock alerts, press releases, promotion to market makers and other advisers, TV and radio interviews, article publishing and growth through acquisition just to name a few strategies.

You shouldn’t come out of the gate and lead the consultant to answer with the above information but target your questions so that they are general enough so that the consultant gives you their pre customized, boilerplate template strategy.

Going public can be extremely rewarding if done properly. Don’t try to do this on your own. Find qualified professionals to take you through the process in a structured and orderly manner.

Take Your Company Public , call Princeton Corporate Solutions at 267-233-0183 Free Video Secrets To Becoming A World Class CEO We Can Make Global Growth Happen For Your Company

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PPM, OTCBB, IPO, Reverse Mergers and Shelf Corps. Raise Capital Without Credit Checks

Thursday, December 10th, 2009

Real estate investors are constantly on the lookout for innovative ways to raise the capital needed to get the job done. Lack of funds to the real estate investor or rehabber is like an asthmatic without an inhaler, it’s a near impossible existence.

Access to cash is king for the investor and sadly this need is often like the scent of blood to the wolves as hard money lenders and greedy cash rich investors will lend to the real estate investor for such a high interest rate, the real estate investor’s profits evaporate before they can materialize. It’s a depressing reality to be faced with when months of hard work in bird dogging and going through the ups and downs of purchasing a property with decent profit margins results in actually owing money at the end of the transaction.

With all this said, there is good news. Imagine the ability to raise massive amounts of capital without dealing with the red tape of banks or the greed of hard money lenders. This solution is so powerful that it can transform your real estate investing business overnight. This process allows you to raise unlimited amounts of capital fast and easy.

This process is a Real Estate Private Placement Memorandum which is a PPM engineered to cater to the needs of a real estate investment firm while simultaneously helping the investor raise capital within the guidelines set forth by the SEC. There are few other structures available that can help one raise capital in such a rapid and streamline manner.

If you are involved in any level of real estate rehabbing or investing look into getting set up with a real estate private placement memorandum to put your business on steroids. It is easy to raise capital for these structures and will help you grow your business as large as you want it, quickly!

Want to find out more about Real Estate Private Placement Memorandums, then visit Princeton Corporate Solutions’s site on how to choose the best PPM for your needs.

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