Pinky PRGL has value, just as a shell. The fact it has a bio-plant thats produced, radio stations etc, make it all the more valuable.
Cost of heading to the pinksheets, for someone who doesnt want to wait to file papers to uplist a new firm
Straight to the Pink Sheets via filings: § Time—typically 4 to 6 months § Cost—$100,000 to $175,000
Straight to the OTCBB via filings: § Time—typically 4 to 6 months § Cost—$100,000 to $175,000 (same as Pink Sheets)
15c211-ready 504s to the Pink Sheets: § Time—typically about 2 to 4 months § Cost—$150,000 to $225,000
Spin-offs to the OTCBB: § Time—typically about 2 to 4 months § Cost—$150,000 to $225,000
Reverse Merger to the Pink Sheets (Buying an Existing "Shell”) § Time—typically 1 to 3 weeks § Cost—$250,000 to $350,000
Reverse Merger to the OTC Bulletin Board (Buying an Existing "Shell”) § Time—typically 1 to 3 weeks § Cost—$650,000 to $800,000
Reverse Merger to the Pink Sheets, then filing to graduate to the OTCBB (Hybrid Reverse) § Time—typically 1 to 3 weeks for the reverse merger and then typically 4 months for the graduation to the OTCBB § Cost—$300,000 to $400,000 (including our work to graduate to the OTCBB)
Traditional Underwriting (Initial Public Offering (“IPO”)): § Time—typically 7 to 12 months or more. § Cost—$350,000 to $1,000,000 or so (generally the company will be out of pocket a minimum of 50% of this amount prior to becoming publicly traded)
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