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A Simple Business Test
I'm often asked to review people's ideas. Sometimes they want financial support, sometimes they just want confirmation that the idea they have is worthwhile. When you approach a bank about your pet project they'll ask for a business plan, as well...
Different Types of Credit Cards and Features - Part 1
Copyright 2005 Gibble LLC
Just as there are too many credit card companies to count, there seems to be just as many different credit cards, all claiming to offer you the best possible deal. Since no two people are alike, not all programs and...
Managing Stress - Hire the Right People
Managing stress is not easy if you don't have the right people in your business or team.
One of the biggest challenges any business owner or manager has is hiring the right people.
I've recently discovered a simple, inexpensive yet very...
The Devine Secrets Of The Ya Ya Lease Purchase Hood
The biggest secret of conducting a successful lease purchase business is to have a plan. I know don’t grown. You need to know what you want to do however, before you can do it. So secret number 1 is to have a plan of action. Set up daily goals for...
Who Is Running Your Business?
How many times have you heard, "I couldn't make the meeting. My customer needed me." On the other hand, one of my favorites is, "I jump through hoops for my clients."-and then after four months of jumping, the client doesn't call back. I...
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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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Welcome to our Tenant Login Page. * Forgot your password or haven't received one yet? Email us tinah@dellagnese.com or call 330-668-4000 and we will reply ... |
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The-Arts-Magazine.com - Leases-Leasing |
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OmegaMotors.com - Your Money - Leases - Leasing Overview |
Blue Book retail & trade-in value reports on used vehicles. Kelley features prices on used cars, trucks, street and dirt bikes, ATVs, scooters, ... |
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