Tuesday, July 14, 2009 12:57:48 PM
This attorney has good info on this. http://www.gopublicdirect.com/pink-sheet-shell-pink-sheet-listing-warning
The average stiny pinky shell sells for around $50K, if someone is paying more.. their an idiot.
The whole R/M is sometimes dreamed up by middle men and brokers to take advantage of idiots that don't understand capital formation. You will always be better off going public from scratch, it is cheaper and in some cases just as fast. A start-up can be done sometimes for as little as $60K and that's OTCBB.
There is really only one good reason to go pink.. to avoid disclosure so you can screw niave penny investors.
Visit our #board-9884 and come make $$money$$ with us by trading and investing in Emerging Chinese Small Caps!
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