Followers | 181 |
Posts | 25074 |
Boards Moderated | 1 |
Alias Born | 08/23/2007 |
Saturday, May 20, 2017 12:22:51 AM
In the case of IPO's, start-ups, and spin-offs...
The idea for being listed on the Gray Sheets is most likely for seven major reasons:
• to obtain a stock symbol, transfer agent, and shareholder base without attracting attention from the general public, at least for the time being.
• to formulate, structure, and pursue a business plan and operation for future growth and success.
• to gain a history of trading, and shareholder growth, until such time that a company qualifies to offer public shares, or to be traded on the Pink Sheets, OTCBB, or one of the stock exchanges. This all depends on the goals of a company and its qualifications.
• to accumulate shares from private and public sources in preparation to meet requirements to be listed on the Pink Sheets or OTCBB.
• to get an idea of the investor reception once they are officially traded (for IPO's).
• to gain investor awareness and potential funding/financing options.
• to limit the fees and regulations associated with Pink Sheets, OTCBB or the Stock Exchanges. Many start-ups do not qualify to register to trade on the other financial markets.
In addition, the costs associated with registering can be prohibitive.
The Grey Sheets offer a start-up company the opportunity to grow so that later they may meet the qualifications and expenses to be traded on a more prestigious financial market.
WHEN YOU DEPEND ON OTHER'S PERCEPTIONS TO MATCH YOUR EXPECTATIONS,
YOU'RE SETTING YOURSELF UP FOR DISAPPOINTMENT.
Recent DBMM News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/16/2024 09:32:32 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 11/29/2023 09:31:08 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/17/2023 09:15:45 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM