Re: Pinksheets and Reverse Mergers
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My questions for the financial people is, if I wanted to take a company public on the Pinksheets should I consider retaining an attorney to do a self-filing SB-2 or 10-SB? The only benefit for doing a reverse merger is time right? I don't particularly want to buy a trading shell or a virgin shell if I can just create my own much cheaper.
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Much cheaper? Why do you think people do reverse mergers? Because you can't do it yourself "much cheaper".
But why does he want to be public if he doesn't need to raise money? It's a huge pain in the ass, with filings and Sarbox and all that crap. It costs a small fortune to keep up with the paperwork.
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