By: Joseph M. Lucosky, Managing Partner Lucosky Brookman LLP The month of February saw a total of five companies uplist from the OTC onto national securities exchanges. One of these companies operates in the medical devices industry, two operate in the energy sector, one operates in the consumer products industry, while another is in the cannabis industry. Below is a
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We are proud to announce that SEC Law Firm has joined us as the Official Founding Law Firm Sponsor of PubCoCEO™. SEC Law Firm represents growing businesses around the world raising capital in the US, through private and public offerings of equity and debt. They take companies public in the US and on overseas exchanges through reverse mergers, direct public
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David Feldman, partner in the international law firm of Duane Morris LLP, joins us to discuss his new book – “Regulation A+ and Other Alternatives to a Traditional IPO: Financing Your Growth Business Following the JOBS Act.”
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On Wednesday, the Securities and Exchange Commission charged two lawyers it alleges helped facilitate a microcap fraud scheme involving undisclosed “blank check” companies secretly bound for reverse mergers. In complaints filed in the U.S. District Court for the Southern District of Florida, the SEC alleges that James M. Schneider of Hillsboro Beach, Florida, and Andrew H. Wilson of Nevada City,
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Today, two New York law firms, The Basile Law Firm P.C. and Phillipson & Uretsky, LLP announced that they have opened an investigation into a potential class action lawsuit against New York based lenders of short-term loans to microcap companies trading on the OTC Market. The class action being investigated and considered is on behalf of OTC Market public microcap
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Again, a lot of this goes back to the root of all microcap evil, toxic lending, irrevocable transfer agent letters and your transfer agency agreements. Recently, I spoke with a CEO who wanted to terminate his company’s transfer agent because the transfer agent refused to follow his instructions as well as the T/A providing confidential information to third parties without consent of the client, and in all likelihood, breaching the non-disclosure clauses in their own transfer agency contracts.
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In an article for the print edition of the MicroCap Review Fall 2017 Issue, John Lowy shared “The Current Status of the Reverse Merger Market“. John Lowy is the founder (in 1990) and senior partner of http://www.johnlowylaw.com, and the founder (in 1993) and CEO of Olympic Capital Group, Inc. (www.ocgfinance.com), both based in New York City. John is a highly-respected and acknowledged
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Sichenzia Ross Ference Kesner LLP announced that as of August 25, 2017 they will have moved to a new location at 1185 Avenue of the Americas, 37th Floor, New York, NY 10036. As they enter our 20th year as a leading corporate, securities and litigation law firm, and expand their practice areas to include real estate and trusts and estates,
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Guest Post By: Mark R. Basile, Esq. Ok, its summer, the sun is shining, the waves are crashing on the beach and you are now in what’s called the OTC CEO summer doldrums because those things are happening for everyone else except you. And if you are lucky enough to be able to take your family on a summer vacation,
Read moreDavid Feldman, Partner at Duane Morris‘ Manhattan office, sits down with Small Cap Nation‘s Anchor, Jane King to discuss the opportunities that Reg A+ provide for companies looking to raise capital. David was instrumental in guiding the original legislation through the process, and has seen his — and SCN’s — client Myomo (NYSE: MYO) become the first Reg A+ Crowdfunded company to list on
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