Green Energy Enterprises Inc. (GYOG)

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The cost of going public will vary considerably from company to company. Expenses are dependent to a large extent on the degree to which a company’s legal and financial house is in order and the company’s type of business. Typically, legal fees and expenses are the largest single cost item, running from $600,000 to $900,000. Accounting fees and expenses are usually not far behind, generally ranging from $350,000 to $600,000, while printing and engraving expenses often are from $175,000 to $400,000. The total expense of going public generally ranges from $1.5 to $2.5 million, including such significant cost items as stock exchange application and filing fees, Blue Sky fees and transfer agent and registrar expenses. Other expenses that can boost the cost of going public are advisory fees and non-accountable fees that may be paid to underwriters. The range presented is not hard and fast. There are small, underwritten issues that are completed for about $1 million and certain larger or more complex offerings that well exceed $2.5 million. And don’t forget the intangible costs of going public in terms of the demands on management time, which takes away from focusing on one’s business.