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Tuesday, February 07, 2017 3:16:52 PM
When in Southern California and in need of a lawyer who understands the needs of a company that may exist largely on paper (and that may never materialize), Phillip Koehnke is your man.
The 45-year-old former Colorado State wrestler, who serves as Medbox’s chief legal adviser, has carved out a niche representing penny stock companies in their brief interludes as going concerns. Koehnke’s clients are virtually identical: Exceptionally small and barely capitalized, they often have the skimpiest outline of a serious business plan and little in the way of experienced management or serious governance and operational controls.
Koehnke’s ability to earn a living in the bowels of the capital markets has placed him in proximity to the rich tapestry of the penny stock universe’s movers and shakers. A licensed broker, Koehnke has served as a legal adviser to a series of firms whose business model appears centered on small cap stock trading and promotion and possessing extensive regulatory problems.
Read the rest here:
http://sirf-online.org/2013/09/30/the-penny-stock-lawyer/
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