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haha, me too... Looking for a good window!
Repost: RM vs IPO from http://www.allbusiness.com/finance/3591808-1.html
An IPO is a time-consuming, expensive process. In a reverse merger, the process takes significantly less time and money. In fact, it can sometimes be accomplished in 45 days instead of the year or more frequently needed for an IPO. The reduced time frame lets key executives concentrate more on continuing operations and planning for the future and less on meeting with underwriters, lawyers, and outside accountants. The more management is distracted from their normal duties and functions, the more likely there will be a detrimental effect on the company's operations. Such effects can be particularly disastrous at the time of an IPO and immediately thereafter. The extended period of time in an IPO also increases the risk that market or industry conditions may deteriorate and eliminate the window of opportunity. Internet companies such as Stamps.com Inc., Nettaxi Inc., and PhotoLoft.com Group Inc. were able to go public through reverse mergers while the market was "hot" for dot-corns.
On the expense side, a reverse merger may be accomplished at a cost of $75,000 to $100,000 vs. $400,000+ for an IPO (not including sales commissions, which may add another 10% or more). These estimates don't include savings in management time spent on a reverse merger instead of an IPO. iChargeit Inc. estimated the cost of an IPO to be $3 to $5 million in underwriting fees, but it was able to do a reverse merger for about $300,000.
In addition, there are no sec registration or Blue Sky fees in a reverse merger. There are filing fees, though, which are significantly less.
Hence a RM instead of an IPO... hmmm...
Maybe their sales have not been great as of late, time to cash?
http://www.brandfreak.com/2010/04/arizona-iced-tea-might-wish-it-had-a-different-name-these-days.html
And how the price did not move on that 5mil...
That 5 mil on Sept. 3rd is rather interesting... another piece of the puzzle... hmmm
When can Locan legally come out and say "we are in negotiations w/ suitor"? And at what stage? Or does that depend on the other co's wishes?
RM vs IPO from http://www.allbusiness.com/finance/3591808-1.html
An IPO is a time-consuming, expensive process. In a reverse merger, the process takes significantly less time and money. In fact, it can sometimes be accomplished in 45 days instead of the year or more frequently needed for an IPO. The reduced time frame lets key executives concentrate more on continuing operations and planning for the future and less on meeting with underwriters, lawyers, and outside accountants. The more management is distracted from their normal duties and functions, the more likely there will be a detrimental effect on the company's operations. Such effects can be particularly disastrous at the time of an IPO and immediately thereafter. The extended period of time in an IPO also increases the risk that market or industry conditions may deteriorate and eliminate the window of opportunity. Internet companies such as Stamps.com Inc., Nettaxi Inc., and PhotoLoft.com Group Inc. were able to go public through reverse mergers while the market was "hot" for dot-corns.
On the expense side, a reverse merger may be accomplished at a cost of $75,000 to $100,000 vs. $400,000+ for an IPO (not including sales commissions, which may add another 10% or more). These estimates don't include savings in management time spent on a reverse merger instead of an IPO. iChargeit Inc. estimated the cost of an IPO to be $3 to $5 million in underwriting fees, but it was able to do a reverse merger for about $300,000.
In addition, there are no sec registration or Blue Sky fees in a reverse merger. There are filing fees, though, which are significantly less.
Excerpt from http://www.allbusiness.com/finance/3591808-1.html
What happens when a family business decides the benefits of being public outweigh the drawbacks and opts to take the plunge? As a public company, the family's wealth and liquidity will almost always be increased. The company will have greater access to capital, increased ability to expand and acquire other companies, and a new "negotiable" instrument that can be used for a variety of purposes.
Someone posted "Hornell Brewing" on yahoo message board last night...
Just spill the beans man, you're not breaking any SEC rules here buddy.
maybe I'm not that smart, but why on earth would verl need to do a RM with someone?
I have never given stock tips to my family & friends until this morning... (I told my little bro to load up this week, sooner than later)
Here's what I'm impressed with:
1. The fact that the co. said that they are not going to pay any money to stock promoters or marketers. (adds to the contention that there is no "Pump" by the company)
2. How the pps shot up last week as soon as the filings were public record. (there were people in the know ie. friends & associates) Ususally takes a day or two for the street to disseminate the information.
3. The pps has risen quite a bit, to say the least, but there has virtually been NO dumping.
I say we go up slowly until more informations leak.
So this person works for Locan or he's hacking into their voicemail?
Today's LOCN short interest: 1,750,092
http://regsho.finra.org/FORFshvol20101101.txt
They are going to help us again tomorrow am...squeeze!
Great day so far guys, just some lack of volume has stalled our ralley... mms need to cover their shorts before eod before another huge day tomorrow!
Just remember that this is such atremendous opportunity to get in on a RM.
John Haskett connection to LOCN (from hdsstocks' DD)
https://www.sos.ok.gov/corp/corpInformation.aspx?id=1912171371
John Haskett listed as contact reference at gopublic.com:
"For more information on going public through a reverse merger and details on public shells currently available, please contact Go Public Institute at 281-440-7530."
www.gopublic.com/go-public-references.html
John Heskett Info:
501 S Johnstone Ave Ste 201
Bartlesville, OK 74003
918-336-1773
REPOST, Game changer right here folks!!!
I will ask if LOCN iscurrently available.
John Haskett connection to LOCN (from hdsstocks' DD)
https://www.sos.ok.gov/corp/corpInformation.aspx?id=1912171371
John Haskett listed as contact reference at gopublic.com:
"For more information on going public through a reverse merger and details on public shells currently available, please contact Go Public Institute at 281-440-7530."
www.gopublic.com/go-public-references.html
John Heskett Info:
501 S Johnstone Ave Ste 201
Bartlesville, OK 74003
918-336-1773
I don't know what they can tell me, but I'll give it a go!
John Haskett connection to LOCN (from hdsstocks' DD)
https://www.sos.ok.gov/corp/corpInformation.aspx?id=1912171371
John Haskett listed as contact reference at gopublic.com:
"For more information on going public through a reverse merger and details on public shells currently available, please contact Go Public Institute at 281-440-7530."
www.gopublic.com/go-public-references.html
John Heskett Info:
501 S Johnstone Ave Ste 201
Bartlesville, OK 74003
918-336-1773
Man GREAT job, everyone should read your post... Connecting the dots to LOCN definitely got a little more interesting!
How can we put your post to the stickies?
LOCN around the web 3
Locan, Inc. (LOCN.PK) last .025 up 194% on breakout volume of 1.4 million shares traded.
Locan, Inc. does not have significant operations. The company intends to acquire or merge with one or more businesses or business opportunities.
http://www.prlog.org/11035255-sdir-gslo-locn-mres-nacf-penny-stock-finder-trading-system-selects-five-stocks-at-the-open.html
LOCN around the web 2
Locan Jumps on Updates in Regulatory Filings
Locan Inc. (LOCN, Free Analysis), a shell company seeking to make a strategic acquisition, jumped more than 300% higher after revealing its plans in regulatory filings made with the OTC Markets. Among other things, the company revealed that it anticipates being able to finance its future operating activities from loans by major stockholders, but it has yet to identify an acquisition candidate.
http://sumfolio.com/top-3-small-stocks-with-big-moves-893/
LOCN around the web 1
LOCAN INC (LOCN:OTC ) weekly close .04 up a whopping 370% on record volume of 9.6 million shares traded. Speculation has it a reverse merger will happen soon according to traders and investors.
http://www.thefirstreporter.com/press-releases/stockwizardsnet-penny-stock-business-report-weekend-edition-smmt-lfbg-locn-sdir-shmn/
That is Official enough,, here's the link:
http://regsho.finra.org/FORFshvol20101029.txt
Here's the correct link
Just really impressed by no sell-off after yesterday's actions...
It took the stress out of speculation today, looking scary good for Monday.
LOCN #2 on Ihub's top 15 board...
keep this going through the weekend for More Monday exposure guys!
Sold CPMCF, bought NXPN
Just sold...GLTA!
I made my money, I still hope it goes up from here for everyone else!
Remember, there's the contract signing news on Monday !!!
186 x 188, I'm more nervous for the Shorts than the Longs this morning!
Shorts, cover fast, this one's gonna blow!!!
Shorts are toast! Cover early, cover fast !
today's short/today's volume
11804014/45488569
http://regsho.finra.org/FORFshvol20101028.txt
Nice Symmetrical Triangle (Continuation)being formed!
The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended and the symmetrical triangle takes shape. You could also think of it as a contracting wedge, wide at the beginning and narrowing over time.
GOLD, I tell ya, GOLD!
http://tfc-charts.w2d.com/chart/GD/W
Looking real strong after a day like yesterday...
the momo is still alive!
I am Finally In...
Been watching this all day long and I'm sort of surprised in the strength of this one. Today's action was very healthy for the next run-up. GLTA!!!
Top 9 Small-cap Stocks Under $1 (NENE mentioned)
http://www.beaconequity.com/hollar-for-your-dollar-top-9-small-cap-stocks-under-1-2010-10-27/
Just uploaded the Beckerman piece on youtube: