504 Reg D and Beyond - Going public without an Underwriter Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: micky who wrote ()	7/15/1998 11:10:00 PM
From: PitBull	Read Replies (1) of 50

Interesting Thread Topic. Now pretend I am a 6 year old in answering these questions :) I am quite lost...did read the thread though.. here goes.. 1. Is the purpose of a 504 to get listed as a NASDAQ stock as opposed to just being an OTC BB stock? 2. Do existing OTC BB stocks ever go through a 504 to become NASDAQ listed? 3. If the answer to number 2 is yes, then the OTC BB is ALREADY public...the title of this thread says going public... 4. What exactly does an underwriter do? Do they guarentee the money for the stock will be there? 5. How do you know if an underwriter is reputable or not? 6. How do you know if a transfer agent is reputable or not? 7. Why would a company NOT want an underwriter? 8. Does a reverse merger into a shell mean it is a 504? If so, why must it be a reverse merger into a shell? Why not just buy the shell? Or why the reverse merger in the first place? Can a 504 take place with just a reverse merger and no other new companies involved? Does a reverse merger always involve a symbol change? A permanent symbol change? 9. What is the POINT of a 504...a shortcut to doing what and for what reason? 10. Does a company who is doing a 504 give notice to shareholders? Are they required to? (so a shareholder has the opportunity to sell the stock in case they do not want to be part of a reverse merger) 11. Are reverse mergers general;ly better for a stock than a reverse split? 12. Does a reverse merger into a shell mean an automatic symbol change and would that symbol change be something entirely new, or would the symbol be the existing symbol for the shell company it was reverse merging into? 13. Can you give me some symbols of successful and unsuccessful companies that have done a 504 reverse merger into a shell, so I can look at the pricing history? 14. Does the float get smaller & stay smaller, or do additional shares end up getting printed which essentially negates the growing value of the stock? 15. Can a shell company be listed on NASDAQ? And if so, how does a shell company get allowed to be NASDAQ listed when many REAL companies that are OTC BB are NOT? (assuming they are both reporting of course) 16. how does an investor learn about which companies will be going through a 504 BEFORE it actually takes place? Do companies publish press releases about this? 17. What is the worst case scenario? What is the best? Okay, I ask a lot of questions. But somebody here can probably answer them, and if you could be so kind to copy this note and put your answers alongside each question, then I will hopefully not get more confused :) Thank you. So much to learn.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next