socialmedian: Take Your Company Public Beware of Scams

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Take Your Company Public Beware of Scams

Submitted by Motown Terri from blog

Nov 06, 2009

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Author : James Scott

Take Your Company Public: Beware of Scams!
Many entrepreneurs dream of taking their company public and expanding their venture into an international enterprise that begins to hemorrhage investment capital and profits from the get-go but then reality sets in as one begins to navigate the dingy, shark infested waters of the 'go public' market place

There are consultants and boiler room penny stock misfits just waiting for you to stumble onto their site and in only a few minutes on the phone you're reeled in and signing contracts and making wire transfers and equity disbursements and at the end of the grueling 3 to 6 month process, you're broke, your company is in shambles and you just stand their staring off into space feeling like the boogeyman just slapped you around Welcome to an industry where the weak are preyed upon like wolves on an injured lamb tangled in a fence

If you are serious about going public there are some structures to stay away from because 99 9% of the time they fail Pink Sheets and Reverse Mergers into a public shell ...Read the full article

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