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Microcap & Penny Stocks : 504 Reg D and Beyond - Going public without an Underwriter

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To: micky who wrote ()6/20/1998 5:53:00 PM
From: Beermeister  Read Replies (1) of 50
 
Hello. My company started by assisting other companies in going public in the manner you are mentioning here. The problem is, it never worked. We never raised a single dime. People are looking for a stock ticker symbol. They don't understand. So the new way of doing it is either with a reverse merger into a shell or by giving away shares (establishing shareholders) or selling them pennies on the dollar with the plan that you will be listed on the OTC-BB in a matter of months, and then filling out a 15C211 form which will give a company a ticker symbol (even if it is not registered in all 50 states). So the capital is raised a lot easier when the investors know they can buy stock for .10 that will be listed for $2 or whatever. Or a deal can be made with the shareholders that they sell their stock on the BB and kick back say 50% to the company. Or 144 shares can be sold. There are a lot of techniques which no one knows about to raise capital this way. The key is the 15c211 form. What do you think??
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