Over The Counter Bulletin Board – OTC – How To Evaluate A Consulting Firm
Seriously, sometimes I have to step back and laugh when I see company owners trying to pre-qualify consulting firms to take them public. I just stand there and scratch my head in disbelief when they think they are asking all the ‘right’ questions when all they are doing is setting themselves up for failure.
I recently had a company who claimed to have investors who wanted to invest in pre ipo deals. For a few weeks these guys called with a million questions and demands, most of which were contrary to basic SEC regulations and compliance. I tried to set them straight but they just didn’t get it. These guys who called themselves consultants really had no clue as to what they were doing and the questions they were asking me about my firm in order to qualify our firm were completely off base and were actually laughable. It was irritating at the time, now I just sit back and laugh as I chalk it up as another lesson learned and another relationship that fortunately did not come to fruition.
Here are some realities to consider when talking to a consulting firm to take your company public. First, no consulting group acts alone, instead they play quarterback or orchestrator to facilitate a smooth, stress free process. Most consulting firms that take companies public on the OTCBB will have securities attorneys on staff for the s1 filing, third party SEC approved auditors for the SEC audit, multiple market makers to choose from for the filing of the 15c211 and scores of Investor Relations contacts for post public market creation.
When doing due diligence on an Edgar link for S1’s in process you’ll only see the attorney information and the auditor. The Consultant has to be content to stand in the background making the entire process function and succeed with virtually no public claim or credit. If you’re doing due diligence on a consulting firm it’s more important to find out how vast their network is as opposed to being the predictable intellectual midget who will look up the consultants previous stock symbols and call the company and expect to miraculously get on the phone with a person who knows the consultant first hand. The mere thought is so ridiculous it’s redundant to even bring it up but this is something that uninformed people actually do as part of what they consider ‘due diligence’.
All you need to do is this: Talk to the senior partner at the consulting firm. Establish whether or not they are full service. Gain an understanding for how long it takes them to get you from S1 to trading symbol. If you want to do some real due diligence, find out about their post public investor relations strategy so your company not only goes public but can stay public and profitable.
Consulting firms who take companies public on the OTCBB are a small part of the whole but without them, the transaction couldn’t happen. They are the 24/7 worker bees doing the impossible for the ungrateful….until the symbol is achieved and the stock is trading properly, they you get a pat on the back and, “hey thank you so much for your hard work…what was your name again?” And I always respond, “you can call me whatever you want but on my Share Certificates you can put Princeton Corporate Solutions”.
OK, maybe that’s a bit of an exaggeration, of course they are going to remember my name but the reality is, solid due diligence by a company wanting to go public starts with a general evaluation of the consulting firm, some basic technical questions and then getting to the root and depth of their contact base to make sure your going public efforts are fast and smooth.
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The Commercial Real Estate Investment Market
Commercial real estate investment is a very great idea. Individuals who own many o these property are perceived to be wealthy. Actually it is an established relationships which provides opportunities for entrepreneurs to own buildings. They are considered valuable assets. From time to time they can stand as collateral to acquire more depending on the nature of the market. They become assets
The question is often asked if it is truly a wise thing to do. People who deal in banking and commerce say that it can be and it cannot be. It basically has to do with the culture and the economic situation at the time. In spite of these assumptions all the time opportunities present themselves. But no one would want to throw money away on something that is not financially worthwhile.
It is true that the market place reflects desires of the consumer. In this particular business it is strategic planning for the buyer to establish his or her own criteria.No wants wants to throw money into something that cannot be proven viable. However once the market is there a clue ca be taken from who are the inhabitants more often the location is what takes the bet. Everyone desires an exclusive business community.
But this might be a cultural misconception.In some societies businesses are conducted in the lower flat of the home or alongside of it. It works very well for those proprietors.Both property and business can be managed from the domicile. To them set up and maintenance costs are much less. Also they cater to the immediate consumer population which is readily accessible.
How is this viewed in modern societies? Primarily it is not allowed. There is a distinct zoning for business places as against residential property. Commerce identifies this as a strategy of keeping the prices of buildings used for business at a very high cost.It is a technique used to restrict expansion.
At the same time the state or county earns huge taxes from such encapsulated ventures. Remember judgments are made depending on the amount of these buildings owned by a single individual or a corporation. The types of business conducted in them give opinions of the estimated profits.
Acutely, commercial real estate investment while it is a very great idea must be wisely thought through. If the proprietor is not careful many hard earned profits may be for the benefit of banks and the state exclusively.
Learn more on Las Vegas retail market and distressed commercial real estate.
Where To Find Affordable Term Life Insurance Quotes
The best choice to cover their family at a low, affordable premiumis term life insurance. Term life insurance is able to cover someone for a fixed period of time; often one, five, or ten years. The insured will need to either forgo insurance or obtain different conditions and/or rates for further coverage at the expiration of the term.
But term life insurance gives protection for the family and loved ones, also called beneficiaries, of the individual in the case of death of the insured. In the majority cases, term life insurance is the cheapest way to go. Getting term life insurance quotes is easy and can help you make that decision.
Term life insurance is the original form of insurance in comparison to permanent life insurance that includes universal life, whole life, and variable universal life. Permanent life often has variable premiums with guaranteed maximums while term life rates are fixed for the life of the coverage. The chance to build cash value of the insurance and withdrawal it at the choice of the insured is possible with permanent life insurance. Term life does not offer that.
Term life insurance quotes will vary from person to person, due to how premiums are based upon the risk level of the insured individual. There are many elements that contribute to the premiums of term life insurance quotes that include the insured health history, the house the live in, the kind of car they drive, and many other factors. This is strictly for protection of risk.
Young people with families are the majority cases of term life insurance. A common reason they want protection in the case of death is because they have a big debt load and still have children they are raising.
Like most insurances, the claims with term life insurance will be fulfilled once the claim is submitted and reviewed in order to be satisfied. The contract and premiums must be up to date.
Most of the time it won’t be easy to buy term life insurance. However, it is easy to obtain term life insurance quotes to find the best way to protect your loved ones. Go to www.infoprimes.com today to get the best protection for your loved ones, affordable premiums , and expert advice.
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