Pilgrim Petroleum Corp. (PGPM)

[deafchild]

Reverse acquisition allows your private company to go public without regulatory requirements.

Reverse acquisition is a technique where a private company can go public and avoid heavy regulations in the process that come with an initial public offering (IPO). Typically this sort of transaction is accomplished when a private company purchases a company which is already traded publicly. You would then strategically place your management within that business.

A reverse acquisition can also cost less in the long run than an initial public offering. An IPO will require tons of time and often times legal fees to make sure it goes through properly. With a reverse acquisition it is still extremely important that you get guidance to make sure everything goes through ok.