Livechain Inc (LICH)

[RiseandShine]

From Mr Lowy's article:"Dos and Don’ts for
Private Companies
when Reverse Merging"


Do carefully check the backgrounds of the
people you are dealing with on the public
company side, before the reverse merger
is completed. There are many “bad boys”
lurking, looking for unsuspecting private
companies to reverse merge into what could
become a “pump and dump” scheme.
Do retain a reputable Investor Relations
firm to best get the company’s message out
to the investment community, shareholders
and others. Using an IR firm is usually helpful in several areas: getting the word out to
the Street about the company, introductions
to broker-dealers, investment bankers, and
in some instances to direct sources of capital.
Do: prepare and disseminate, as widely
and as often as possible, news/announcements about the company. This can be tricky,
because your obligation as a public company
is to file periodic reports (three 10-Qs and
the 10-K each year), plus 8-Ks as and when
material events occur. So, for example, it
would be inconsistent, and probably a violation of securities laws, to make a glowing
announcement and then, shortly after, file a
dismal 10-Q without making an announcement with the same distribution. And take
note that there are different news wire services, some of which provide better distribution
than others; be sure to use one which has the
widest distribution, and use it consistently.
http://www.ocgfinance.com/pdfs/080-081%20Dos%20and%20Don'ts.pdf