There are various methods to go public in the US. There are actually three major grades of listing:
Here are the levels of quotation listing.
OTC PINK SHEETS:
The earliest quotation service for over the counter stocks usually called "the pinks". There are technically no prerequisites for reports or audited financials on the pinks, but, the pinks have established their own voluntary reporting system and implement it by publishing symbols to represent the level of disclosure each firm is subscribing to. To publish voluntary information requires fees of roughly $5000 a year.
THE OTC BB: The OTC Bulletin Board is managed by the Financial Industry Regulatory Authority (FINRA) and mandates that all companies whose equity is exchanged on the OTC Bulletin Board manage their current reporting status with the Securities and Exchange Commission (SEC), which includes current audited financial statements. There are no cost paid to FINRA for this quotation, but keeping a public company current with its SEC reports could cost $25,000 - $50,000 per year.
EXCHANGES:
The OTC PINK SHEETS and the OTC Bulletin Board are convenient stock markets particularly for budding and new companies, but clients with well known businesses will try to be on one of the mature and higher equity markets - Nasdaq Small-Cap, Nasdaq NMS or NYSE. Each of these exchanges has its own qualifications that a business must meet to be listed on the exchange. Typically the types of qualification factors they look for include asset levels, number of financial partners, required Board level committees, incomes, and market capitalization. In addition all exchanges want the company to have a current reporting status with the Securities and Exchange Commission (SEC). Listing on the equity markets usually involves fees of about hundreds of thousands of dollars.
For a US company a listing on the US stock markets strengthen points. For Example, a quotation is a method to:
1) Grow your company easier and make it more strong by increasing your ability to invite "mergers", "acquisitions" and "strategic partners;
2) Expand your company faster and make it more powerful by increasing its ability to compete for large corporate opportunities;
3) Strengthen your personal ROI as an owner by minimizing the amount of time it requires to make money on your investment, and also increasing the value of your company, as well as, changing the liquidity of your asset to a more liquid form than that of a private company;
4)Raise money quicker and cheaper by improving the "liquidity" factor for your shareholders
Now most of these factors are for organizations going public from scratch. For those of you seeking to invest in a shell corporation (public shell), to do mergers, then you might want to decide changing a quotation as above. For more details on this subject try googling phrases like "mergers companies" or "reverse mergers".
The Merchant Card Account Market, Working With Merchant Warehouse And The Level Of Customer Service Needed
Merchant accounts are very complex and can be much more expensive than they first seem. Read this article to find out how to avoid the pitfalls.
Personal Coaches: Vital Business Companions To Improve Your Career
When personal coaches sign a client, they do not promise or guarantee that the client will reach certain goals or attain a certain level in their career. They are also clear about not putting time frames on client goals on their own.
Instruction In Negotiation From A Child: Selecting The Best Approach For Your Purchasing Negotiations.
You have a host of options with regards how you approach your sales negotiations. Ensure you pick the most appropriate strategy for the situation at hand.
Looking For The Most Affordable Credit Card Merchants For Your Demands?
Looking For cheap merchant account processing? If you are then you'll know it's not easy to find. Read this to see the best methods to get it done.
Why You Should Advertise Your Own Company By Means Of An Online Business Directory
Remember when business directories were big fat printed tomes and customers had to let their fingers do the walking through the Yellow Pages to find you? Those were the days before the Internet was the place to go for information.
Pocket Folders - Manufactured To Coordinate Your Businesses But Not Without Style
You must be familiar with pocket folders. If not, they are very competitive products due to many reasons. For example, they are worthwhile cases on account of their stunning designs.
Merchant Account : How They May Enhance Your Organization
Getting the right merchant account for your business is a very important thing. Read this to find out the best way to go about it.
Protective Ear Muffs - Is It Needful Or Not?
Safety has not always been the primary concern for employers but as time has moved on and laws have been put into place to protect workers all types of safety equipment has become mandatory in certain working environments.
Executive Training Can Help Your Business Development And To Attain Your Targets
Executive coaching can be the ideal answer for one person or for the entire management staff of a corporation coping with challenges, old or new, but not having either the time or the desire to attend courses, lectures, workshops, or seminars
What Is The Top Merchant Account And Exactly How To Locate Them?
This article looks at the merchant processing industry and how to choose a merchant account that is right for an individual's needs.
