AmeriStar International Holdings Corp.(fka AIHC)

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Great reads:

One way many companies go public is through reverse mergers with public shells. When doing a reverse merger with a public shell it can be very expensive and there are several things you must be aware of.

There are several types of public shells, which are all very expensive. They are also usually loaded with liabilities. If you reverse merge a company into a public shell (which usually has 100 or more shareholders and a lot of shares in the float) when the stock price goes up these 100 shareholders inevitably sell the stock and the price collapses. This can be detrimental to a company trying to grow through acquisition. This is far more expensive than the up front price paid to do the reverse merger with the public shell. Please keep this fact in mind when you are dealing with reverse mergers or public shells. This point is absolutely critical to understand. If you do not understand the importance of the public float your going public experience can be disastrous.

There are also non-trading public shell companies. These reporting companies usually have 1 or 2 shareholders and they are virtually useless. They are a gimmick used by stock promoters to sell you something. It actually takes longer than if you were to just take your own company public from scratch. The non-trading shells just add an extra step and do not save you anytime whatsoever. In fact they take longer than if you were just to start the process from scratch.

Many people think you need to do a reverse merger with a public shell to go public, which is incorrect. Others think that doing a reverse merger with a public shell is faster. Again this is another misconception. For example, to start trading on the Pink Sheets is very fast. A company can always move up to the NASD OTC Bulletin Board or NASDAQ later. Some companies choose to start out on the Pink Sheets and later move up to NASDAQ or the NASD OTC Bulletin Board. A company can also elect to begin trading on the NASD OTCBB from the outset.

Also recent changes in the law have made many practices dealing with reverse mergers and public shells fraught with problems. It is always recommended you have a very experienced Securities Attorney assist you whenever dealing with Public Shells. If you are considering a reverse merger with a public shell contact us before making any costly mistakes. We would be happy to explain why there are better, quicker, easier and less expensive ways of going public.

We assist companies in Going Public fast. Any company can Go Public and have its own stock symbol. There are nearly 15,000 public companies in the U.S. We can help your company Go Public on the NYSE, AMEX, NASDAQ, OTCBB or Pink Sheets.
The NASD OTCBB (over the counter bulletin board) as well as the Pink Sheets have NO asset and NO revenue requirements. Most of the smaller companies go public first on either the NASD OTCBB or the Pink Sheets. They can quite easily move up later to NASDAQ.
In fact, if a company is interested in Going Public they may want to begin trading on the Pink Sheets. There are NO audits, NO periodic SEC reporting and they do not have to deal with Sarbanes Oxley. It also is very fast and relatively inexpensive. A company can initially begin trading on the Pink Sheets if they want to become public quickly and, if they choose, can trade on the OTCBB later very easily.


SEC Press Release Regarding Public Shell Company Rule Reform
The End of Public Shells & Reverse Mergers
The Securities and Exchange Commission press release below is about Public Shells and Reverse Mergers. If you are considering going public it is important to understand it’s significance.

Basically it states if you are going to do a reverse merger with a public shell. You will need audited financials and the equivalent of an SB-2 Registration Statement within 4 days of the merger or you will be out of compliance. Therefore making public shells useless. It actually takes longer now to go public if you use a public shell.

You do not need a public shell to go public. It is faster and less expensive to go public from scratch rather than use a public shell.

Trading on the Pink Sheets is the fastest way to go public. A company can always move up to the NASD OTC Bulletin Board or NASDAQ later.

We can take a company public fast and inexpensively. The President of our company is a very experienced Securities Attorney.

We can assist you in going public on NASDAQ, OTCBB or the Pink Sheets.

The Pink Sheets do not require audited financials nor SEC quarterly reporting. This is the fastest way of going public.