The OTCBB – Nearly Extinct, OTCQB is the Micro-Cap Reporting Standard
For the past two years it had appeared that the OTCBB had been replaced by the OTC Link run OTCQB and the OTCQX. For all intents and purposes since the fall of 2010, the industry-wide proliferation of...
View ArticleSEC SUSPENDS TRADING ON 61 SHELL COMPANIES
The Securities and Exchange Commission (SEC) today suspended the trading in 61 dormant shell companies. The trading suspensions are part of an SEC initiative tabbed Operation Shell-Expel by the SEC’s...
View ArticleDirect Public Offering or Reverse Merger; Know Your Best Option for Going Public
Introduction For at least the last twelve months, I have received calls daily from companies wanting to go public. This interest in going public transactions signifies a big change from the few years...
View ArticleSEC Files Proceedings Against 19 S-1 Companies and Suspends Trading on 255...
A. S-1 Proceedings On February 3, 2014, the SEC initiated administrative proceedings against 19 companies that had filed S-1 registration statements. The 19 registration statements were all filed...
View ArticleRecommendations Of SEC Government-Business Forum On Small Business Capital...
ABA Journal’s 10th Annual Blawg 100 —————————————————————————————————— In early April, the SEC Office of Small Business Policy published the 2016 Final Report on the SEC Government-Business Forum on...
View ArticleThe OTCBB – Nearly Extinct, OTCQB is the Micro-Cap Reporting Standard
For the past two years it had appeared that the OTCBB had been replaced by the OTC Link run OTCQB and the OTCQX. For all intents and purposes since the fall of 2010, the industry-wide proliferation of...
View ArticleSEC Suspends Trading On 61 Shell Companies
The Securities and Exchange Commission (SEC) today suspended the trading in 61 dormant shell companies. The trading suspensions are part of an SEC initiative tabbed Operation Shell-Expel by the SEC’s...
View ArticleDirect Public Offering or Reverse Merger; Know Your Best Option for Going Public
Introduction For at least the last twelve months, I have received calls daily from companies wanting to go public. This interest in going public transactions signifies a big change from the few years...
View ArticleSEC Files Proceedings Against 19 S-1 Companies and Suspends Trading on 255...
A. S-1 Proceedings On February 3, 2014, the SEC initiated administrative proceedings against 19 companies that had filed S-1 registration statements. The 19 registration statements were all filed...
View ArticleRecommendations Of SEC Government-Business Forum On Small Business Capital...
In early April, the SEC Office of Small Business Policy published the 2016 Final Report on the SEC Government-Business Forum on Small Business Capital Formation, a forum I had the honor of attending...
View ArticleThe SEC Has Adopted Final Amendments To Rule 15C2-11; Major Change For OTC...
Despite an unusual abundance of comments and push-back, on September 16, 2020, one year after issuing proposed rules (see HERE), the SEC has adopted final rules amending Securities Exchange Act...
View ArticleSEC Denies Expert Market – For Now
As the compliance date for the new 15c2-11 rules looms near, on August 2, 2021, in a very short statement, the SEC shot down any near-term hope for an OTC Markets operated “expert market.” The SEC...
View ArticlePublic Market Listing Standards
One of the bankers that I work with often once asked me if I had written a blog with a side-by-side comparison of listing on Nasdaq vs. the OTC Markets and I realized I had not, so it went on the list...
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