Alto Ingredients Inc (ALTO)

[kel3]

SEC Shelf Registration Requires Pixies Value at $700M Or Above

http://www.finweb.com/investing/overview-of-shelf-registration.html#axzz2zNsycewD

your company should have filed quarterly and annual reports in time and should have at least $700 million market capitalization.

Read more: http://www.finweb.com/investing/overview-of-shelf-registration.html#ixzz2zoxXXbuu

The Securities and Exchange Commission (SEC) introduced shelf registration in 2005. The name is based on the idea that the filing documents wait "on the shelf" until the company decides to issue the stock. This shouldn't be confused with an "off the shelf" company, which is created and put through the legal registration process but doesn't have any real-world activity. Instead this type of company is later sold to people who want a hassle-free way of turning their existing business into a company.

http://www.wisegeek.com/what-is-shelf-registration.htm
Companies wanting to use shelf registration must be classed as a "well-known seasoned investor". To earn this classification, a firm must either have a $700 million US Dollar (USD) or greater market capitalization, which is the number of shares in the company multiplied by the current stock price, or it must have issued a total of $1 billion USD of certain types of securities in the past three years. The firm must also have met all requirements for SEC filings over the previous year.