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Design vs. Production Engineers in the ETO Environment
According to Roger Meloy of ETO ERP leader Encompix, based in Cincinnati, OH, “If you ask design engineers what an ERP system means to them, you are likely to hear something like “nothing” or “more work.” To most design engineers, an ERP system is...
Hide and Seek?
Hide and Seek? by Laurie Rogers There is absolutely nothing worse than trying to find out WHO the person is that owns a web site. I'm sure you all know what I'm talking about. Doesn't that just drive you NUTS? It drives me especially crazy when...
How to Retain Customers the Dish Network Way
Customer retention is vital to a business. If you cannot retain your customers you will be continually losing current customers and always on the search for new ones. This can be very expensive. Retaining current customers means continual sales...
Please Don't *You* Buy Any More Useless Reprint Rights
Yes, one of the quickest ways to get into business for yourself is to buy the reprint rights for someone else's product. It saves you the time and effort of developing your own product. It lets you start selling the product right away and you often...
Using Internet Direct Mail To Increase Your Company’s Profits
“I want to sell my company’s products on the Web, but how do I get potential clients to visit my site,” a client asked recently. The answer is a strategy that has proven extremely effective for many different businesses…Internet Direct Mail.
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OTCBB Shells
Over-the-Counter Bulletin Board (OTCBB) Shell Prices By William Cate Published July 1999 [http://home.earthlink.net/~beowulfinvestments/] [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]
You can't buy a clean public shell in North America. I doubt you can buy a clean shell anywhere in the World. I offer a startup spinoff service because your spunoff public company is clean. Also, the spinoff format allows me to arrange a European Million-Dollar Private Placement for your newly spunoff public company. My startup spinoff fee is equal to the retail price for an OTCBB shell. I offer a better deal. However, since most entrepreneurs think OTCBB shell and not spinoff, I'm not overwhelmed with clients. As noted above, [Spinoff Interest] I can't handle more than four startup spinoff clients a quarter. To date, I've never had four new clients in any quarter.
In 1998, the OTCBB shell price was US$125,000. In January 1999, the OTCBB shell price moved to US$150,000. The increase was explained by shell sellers "as expectation that the 3,400 non-reporting companies, being delisted from the OTCBB, would rush to buy OTCBB shells." The rush didn't happen. Most non-reporting companies are being delisted from the OTCBB, without a whimper. However, I moved my startup-spinoff fee to US$150,000. The attorney receives US$75,000, the auditor earns about US$15,000. Incidental expenses are about US$10,000. I'm paid US$50,000.
In the past two weeks, an experience OTCBB shell buyer appears to be offering US$350,000 for OTCBB shells. He's a stock broker, who has worked with shell buyers for over a decade as an agent. He should know the value of an OTCBB shell.
I'll contact several more professional shell sellers. I intend to confirm the doubling of the shell price before I adjust my startup-spinoff fee. Assuming the OTCBB shell price has gone to
US$350,000, I'll seek an explanation for the more than doubling of the OTCBB shell price, in the past six weeks. If the OTCBB shell price is now US$350,000, you can expect that I'll double my startup Spinoff/Private November 1, 1999. The reason that I added this article was to give you advance warning of the probable increase in costs of doing a startup spinoff with me. If you have any interest in doing a startup spinoff with me, I strongly advise you to arrange a fee consultation with me this month. Otherwise expect to pay more if you wait until November.
After confirming the higher retail shell price, I'll advise EFHC (EFHLF) to adjust their fees upward to reflect the higher retail OTCBB shell price. If you are thinking about raising US$10 million for your operating company, you should meet with EFHC and its attorney this month. Clients don't always take my advice. However, delay risks higher costs for operating companies seeking the US$10 million from EFHC.
If you know OTCBB shell sellers, please contact them. If you can check on OTCBB shell prices, I'd appreciate an email on the results of your query. Ask your shell sellers about the price of a clean OTCBB shell with over 80% insider control. You want to know the retail price and selling terms. As I understand the US$350,000 offer, it's a cash payment, without terms payment.
To contact the author: Visit the Beowulf Investments website: [http://home.earthlink.net/~beowulfinvestments/] Or, visit the Global Village Investment Club Website: [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]
About the Author
He has been the Managing Director of Beowulf Investments [http://home.earthlink.net/~beowulfinvestments/] since 1981 and is the Executive Director of the Global Village Investment Club [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]
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Finance - Leases-Leasing Ezine Articles |
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