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Getting A Solid Internet Marketing Foundation
As we look at building our online businesses, many of us acknowledge, early-on, that we don't know it all. Those who don't, are almost certain to fail because they often attempt to apply techniques that simply don't work online - to their...
Important Information For Condo Buyers
Here is a step by step guide for buyers looking to buy a condo in any area. These are important tactics to make a solid and accurate judgement on the property you're looking to purchase.
- When purchasing a condominium make sure that you ask...
M6.net – New Control Panel
“The flexibility and automation once only available on Unix servers is now available on Windows 2000 servers” M6.net is a strong and reliable web hosting company who realizes that innovation and development are key aspects to meeting the rapid...
New Website Launched for Consumer Finance and Education
Credit Card Management Services, Inc. is a fully licensed 501(c)(3), non-profit, credit counseling agency whose mission is to provide compassionate, professional debt management counseling and education in an ethical manner with efficient,...
Those Little Things
Moving to another state meant finding a new dentist. I tried one a neighbor recommended who seemed friendly, competent and eager to please. But, I never went back. His office was a case study on the importance of little things. The coat hook was...
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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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