Archive for March 3rd, 2010

Are You Taking Your Company Public? Here Is What You Need To Know.

Wednesday, March 3rd, 2010

Are you taking your company public? Here is what you need to know. Disclosure Obligations: \”If my company becomes \”public,\” what are its disclosure obligations?\”

The Securities Exchange Act of 1934 requires a company to file certain periodic reports once its registration statement has been declared effective. This obligation continues indefinitely unless:

At the beginning of any subsequent fiscal year, the class of securities offered is held of record by less than 300 persons; or

At the beginning of any subsequent fiscal year (except the two fiscal years immediately succeeding the year the registration statement became effective), all securities offered are held of record by less than 500 persons and the issuer has had less than $5 million in total assets for each of its last three fiscal years.

In these cases, the reporting obligation may be suspended. Otherwise, a company must continuously disclose certain information about:

Its operations; Its officers, directors, and certain shareholders (including salary, various fringe benefits, and inside transactions between the company and management); The financial condition of the business (including audited financial statements by an independent certified public accountant); The Public Company Accounting Oversight Board (or PCAOB) (sometimes called \”Peekaboo\”) is a private-sector, non-profit corporation created by the Sarbanes-Oxley Act, a 2002 United States federal law, to oversee the auditors of public companies. Its competitive position, material terms of certain contracts or lease agreements; acquisitions and mergers, creation of certain financial obligations, and material impairment of assets; unregistered sales of equity securities; changes in its accountant; and changes in its board of directors and management;

In addition, a company must promptly disclose to the public any information that would be considered important to its present or prospective stockholders.

All companies with total assets exceeding $5 million and a class of equity securities held by 500 or more persons are required by the Securities Exchange Act of 1934 to file the same supplementary, periodic, and current reports as noted above. Companies with these characteristics must also comply with the Commission\’s proxy rules if proxies are solicited from holders of its securities. In such a case, the company must furnish all shareholders proxy statements disclosing all material facts concerning matters on which they are being asked to vote. If the proxy solicitation by management relates to an annual meeting at which directors are to be elected, the Commission\’s proxy rules also require the company to furnish each shareholder an annual report disclosing certain information about the company, including audited financial statements for its latest fiscal year.

Exemptions

The Securities Act of 1933 provides several exemptions from the registration requirements; the most common are discussed below. Nonetheless, purchases or sales of securities (even in exempt transactions) are subject to the antifraud provisions of the federal securities laws. This means that issuers are responsible for false or misleading statements (whether oral or written) which may be redressed through private or government legal action, including criminal sanctions. Also, if all conditions of the exemptions discussed below are not met, purchasers may seek to have their purchase price refunded. In addition, the fact that an offending may be exempt from certain provisions of the federal securities laws does not necessarily mean that it is exempt from the notice and filing obligations of various state laws.

Want To Go Public With Your Company, call Princeton Corporate Solutions at 267-233-0183Take Your Company Public the easy way!

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Take Your Company Public: How To Get The Power You Need

Wednesday, March 3rd, 2010

Growing your company sales by adding promotional and sales agents and increasing your marketing exposure is an obvious way to beef up revenues but few companies consider the virtually instantaneous power of strategic alliances. Creating strategic partnerships with \’would be\’ rivals and companies that cater to your business genre can help you rapidly take possession of your market.

If you are a printer, team up with brochure designers, ink and paper distributors, advertising firms and print solution resellers. If you are a solar panel technology company then team up with corporations who have government grants for research and development and other alternative energy groups such as wind energy turbine technology firms, Department of Energy contractors etc. By teaming up with other companies and combining resources. You can stimulate growth in every area of your business. Look at each individual product and service you offer.

Now think of other companies who you can team up with to share resources. Make sure you create win/win opportunities for everyone involved as this is the only way to truly take advantage of this type of partnership. Don\’t look at this concept as leaching off of other company\’s resources, to the contrary, carefully researched and structured alliances will transform the here and now as well as future business of all parties involved. Strategic alliances will also enhance your appeal as an \’invest-able\’ business to venture capital firms and angel investors.

Think about it. You have a carefully constructed and managed corporate infrastructure. You\’ve taken the steps to make sure that each of your \’C\’ level executives has been promoted as the \’who\’s who\’ in the industry to speed up investor due diligence and increase customer confidence. You\’ve carefully selected a board of directors that will effectively and actively guide you through the turbulent industry environment with their proven track record of success. And you\’ve even initiated and solidified powerful partnerships that enhance your business concept and strengthen the longevity of your company.

You are now ready for expansion, investors, venture capital firms, taking your company public, attracting a professional CEO or CFO and practically anything your company is setting out to do.

For Strategic Alliance Services or Investor Finder Services, call Princeton Corporate Solutions at 267-233-0183Take Your Company Public the easy way!

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The Handy Auto Tool: Actron Auto Scanner

Wednesday, March 3rd, 2010

Being able to diagnose issues with your car can be terribly beneficial. When you know what the issue is you can decide for yourself if it is something you can repair or something you need professional help with. If nothing else, you can do a little bit of research and go into the vehicle garage knowing what to expect as far as fix costs are concerned. One of the better models on the market today is the Actron Auto Scanner.

This is a great scanner that is simple enough to use, so even if you have not used one in the past you\’ll learn quickly. The Actron Auto Scanner is a great deal for those who have not used like unit as well as those who need a trustworthy auto scanner. The Actron Auto Scanner is what\’s known as an OBD II scanner. This unit is a good option if you\’ve got a automobile that was made of 1996 on. This unit is so easy to use and will even let you translate any results with ease, even the first time you use it you may understand what to do and even understand how the unit works.

As you could have guessed, the Actron Auto Scanner has many great features, which is part of why it is so favored. As an example, it can not only read but erase OBD II trouble codes that are stockpiled in the PCM, including outstanding codes. The unit will also read, display, and erase diagnostic trouble codes. The automobile scanner will display definitions for generic and manufacturer explicit codes and will also display free frame information.

Further features that are liked include the simplicity of use and ability to quickly hook the unit up to the vehicle. The giant backlit screen makes it easy to read the diagnostic difficulty codes and their definitions. There is no guess work related to this great display. You may also use this unit to turn off the check engine line, and you can update codes and software through the web.

The Actron Auto Scanner has a very easy to use menu. The menu will allow you to simply see whether or not the vehicle is ready for an emissions test. In addition, the unit will indicate and immediately fail a vehicle that has its check engine light on. You will also receive alerts of pending diagnostic difficulty codes.

When you purchase the Actron Auto Scanner you\’ll receive the base unit, the OBD II cable, and eight foot extension wire, a USB wire, a soft case, and a professional companion CD. In brief you get all you need to begin using one of these units with ease as fast as you open it up and take it out of the box.

Looking to find the best deal on Black Decker Power Inverter, then visit http://actronautoscanner.com to find the best advice on Ez Scan 6000 for you. Get a totally unique version of this article from our article submission service

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How To Take A Chinese or Indian Company Public In The USA

Wednesday, March 3rd, 2010

With global economics the way they are it would be redundant to rant and rave about the downsides of corporate fund-raising. Quick infusions of cash from venture capital firms and institutional lenders are on hold and it is what it is but companies are becoming creative and corporate attention is steering away from the problems and toward the solutions.

The US and Chinese markets are intertwined in many ways and now a new trend in finance is making the relationship even closer. It\’s a fact that Chinese corporations are still trying to figure out how to make their domestic stock market profitable and stable. Many of these companies have global ambitions with unique technology solutions business products and strategies but because of the week Chinese economy (compared to the power of other currencies) they have no choice but to head to the Frankfurt Exchange or the OTCBB market here in the United States.

As a corporate consultant that facilitates the process of going public for both domestic and global entities I have received maybe 5 to 10 calls per year from Chinese companies wanting to set up American corporate subsidiaries to absorb their foreign corporations and trade on the Bulletin Boards but all that has changed. I now receive 5 to 10 calls from Chinese and Indian companies per week to take advantage of the global market place that centers around America\’s gravitational pull.

Here is how you can take your foreign entity public: set up a domestic corporation (I usually have corporations set up in Delaware because its fast, easy and the states statutes go back to the original 13 colonies so there is sufficient case law and precedence to protect a public entity affectively). Next you will need a professionally written business plan in English. Translated business plans don\’t work as Western investors look for different details in transactions than their Asian counterparts. Write a new business plan based off of this new corporate entity.

After this you will use the Regulation D Rule 504 exemption to offer discounted stock to a core group of investors via DPO (direct public offering) we have spent 11 years putting our core group of investors together that can finance around 80% of the public process so it becomes extremely reasonably priced for foreign companies. Then the S1 is put together while simultaneously their SEC audit begins which is simple and fast because the company in the US is a startup. We go through and get the SEC approval, then FINRA and then the market maker that we have attached to the deal goes to work.

Now here is the kicker. If you have any experience with taking companies public you\’ll see one common thread throughout all the companies that you work with and that is the fact that the company executives who started this company and are more than likely the majority share holders, want to retain as much equity as possible so this is simple. When the company is publicly trading, limit the issuance of stock specifically to your original core group and let the stock price stabilize then you simply take some of the company owned shares and use them as collateral for equity loans and lines of credit.

Once you\’re public the last thing you want to do is liquidate shares to raise capital quickly. Instead, use your shares as collateralized bartering chips and you\’ll never have a problem with cash flow or fund raising or the threat of losing control of your company. Foreign companies that want to go public in the United States are often intimidated by the strenuous process and the concern of \’who to trust\’. Find a consulting firm with experience in turnkey \’go public\’ facilitation and you\’ll be fine.

Indian and Chinese Companies, Take Your Company Public, call Princeton Corporate Solutions at 267-233-0183Take Your Company Public the easy way!

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Illegal Movie Downloads Just Aren\’t Worth It

Wednesday, March 3rd, 2010

Even though choosing legal movie downloads will cost you a few bucks, choosing illegal or unlicensed movie downloads could end up costing you a heck of a lot more in fines and court costs.

The reason for the overwhelming popularity of illegal movie downloads lies in the fact that people always prefer getting things for free rather than paying for it. Despite the possibilities of breaking laws and violating norms, illegal movie downloads outnumber legal ones by as much as 5 to 1.

In the United States alone, over six million households\’ downloaded movies from an illegal movie download website in the past 2 to 3 months. Unsurprisingly, most of the videos that were downloaded had adult content in them and they were usually sourced from a Peer to Peer (P2P) website.

The problem with such websites is that you cannot rely on the quality of content that you are downloading and it is usually from another person\’s computer, which might not always be a good thing.

What is worse is the fact that you will be sourcing the file from a complete stranger who may send you something different altogether or possibly some corrupted file that is loaded with a virus or a backdoor program to steal your personal information.

Justice is not completely absent, with many offenders who are guilty of downloading movies illegally being brought to task. This is possible thanks to the ability to track anyone on the internet through the Internet Service Provider (ISP), which can pinpoint the exact location of the computer that was used to access the internet.

Nevertheless, perhaps the biggest benefit, one that most people worry about the most, is that these legal download sites have cutting edge security protection systems in place, which are constantly monitored and updated, so you\’ll almost never have to worry about downloading a potentially crippling virus in the movie file.

More and more now a day you hear of a movie studio suing an individual who has downloaded their copyrighted material from an illegal movie file sharing site. When you choose the legal method you\’ll have the comfort of knowing that you\’re not infringing on those copyright laws, and can enjoy them over and over again.

It is the same phenomenon that happened with music, when people rushed to download music when it first surfaced in a similar fashion. The first few illegal music sites have all gone bankrupt with newer ones replacing them and the rampant piracy continues to date.

The popularity of the illegal movie downloads will continue with time, and many people will succumb to it, rather than paying and procuring a legal version of the movie. As the movie studios continue devising new techniques to curb piracy, the pirates will also devise new methods to overcome these blocks and ensure that they continue doing what they are doing now.

In fact, it is like finding that special deal in the supermarket, the euphoric feeling is echoed when you get your favorite movie for absolutely no cost. Hence, you can probably go the wrong way and download movies illegally or simply pay a small amount and get it from a trusted and authentic source. After all, it will help you with your conscience as well.

It\’s funny on much I\’ve laughed watching the gore and blood. Buy Movies Online Movie downloads can be a great option if you can find the good resources. It\’s expensive to go to the movie theater, especially when you\’ve got a family.

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