Tag Archives: OTCWorkouts

Prestigious Firms Sponsor PubCoCEO™ in March

We are honored to announce that four prestigious firms have supported PubCoCEO™ as Platinum Sponsors and three as Gold Sponsors in March! Lucosky Brookman, LLP (Official Law Firm), MZ Group (Official Founding IR Firm),  The WorkOut Group, LLC (Official OTC Advisory Group), and Acquis Capital, LLC (Official Founding Investment Firm),  are each the Official March Sponsors of PubCoCEO™ in their respective categories. NPC

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Prestigious Firms Sponsor PubCoCEO™ in December

We are honored to announce that six prestigious firms have supported PubCoCEO™ as Platinum Sponsors and three as Gold Sponsors in December! Lucosky Brookman, LLP (Official Law Firm), PubCo Reporting Solutions, Inc. (Official Edgar/XBRL Filing Agent), Transfer Online, Inc. (Official Founding Transfer Agent), MZ Group (Official Founding IR Firm),  The WorkOut Group, LLC (Official OTC Advisory Group), and Acquis Capital, LLC (Official Founding

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Prestigious Firms Sponsor PubCoCEO™ in November

We are honored to announce that six prestigious firms have supported PubCoCEO™ as Platinum Sponsors and three as Gold Sponsors in November! Lucosky Brookman, LLP (Official Law Firm), PubCo Reporting Solutions, Inc. (Official Edgar/XBRL Filing Agent), Transfer Online, Inc. (Official Founding Transfer Agent), MZ Group (Official Founding IR Firm), and Acquis Capital, LLC (Official Founding Investment Firm),  are each the Official November

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The Workout Group LLC Shares Three OTC Microcap Case Studies

Sponsored The Workout Group LLC (TWG) may be one of the only groups of professionals that have led successful restructurings of microcap companies in the last 2 years. They were known as OTCWORKOUTS, LLC but changed their name to better reflect what they do. Below are three case studies where TWG recapitalized the company and remediated its’ debt that resulted

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Let’s Make A Deal! – A Message to Convertible Note Holders And MicroCap CEOs [Guest Post]

Guest Post By Mark R. Basile, Esq. Turns out that Friday the 13th is also unlucky for toxic convertible note-holders! I have been warning the toxic convertible note industry that there was going to be a reckoning with regard to how they lend money to microcap OTC Markets companies, and now, it seems that the chickens are coming home to roost.

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Law Firms Announce Investigation of Potential Class Action Against Microcap Toxic Lenders

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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MICROCAP TRANSFER AGENTS: Friend or Foe? [Guest Post]

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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4 Reasons Why Restructuring Is A Better Route Than Litigation For MicroCap Funders & CEOs

In a recent post on LinkedIn, Tom Allinder discussed “Why an Alternative to Litigation is better for Lenders and Funders.” Allinder says the primary reason a funder should choose restructuring over litigation is because, through a restructure, funders have a much greater chance of receiving a return of capital (and a profit). For direct microcap investors, Allinder says restructures are

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