LeadingEdge
05-29-2005, 03:20 AM
here is the scenario.
I have a company in which I would like to take onto the public venue for a reverse merger.
I have a shell corporation which I have found at a true value which is empty of assets and liabilities and no legal battles which is trading now. This shell is undervalued and has little reverse splitting history to it. It has 4 Market makers on it now with a history of having as many as 9 at one time.
I can purchase this shell for 125K and this would allow myself to merge my comapny into it with a filing to do so. Then it is also elgible to for a filing of the 504 for raising of capital of 1 Million without SEC regulatory stipulations for the first 12 months. This is elgible for this 504 in 3 weeks.
I was curious if anyone knows of a lender who would do a loan on buying control of the shell with the public controlling block being held as collateral with an interest only and balloon payment in 12 months and limited if any at all prepayment penalty as I would file the 504 then get the marketmakers to move the Price per share to raise the capital back for corporate to pay the loan back and be long and hold with a comrporation into a shell????????
I have an attorney who used to work for the SEC as a board member as soon as I go public as he will do legal work and sit on the board committee for shares as he likes the concept and business plan.
I would be willing to discuss many venues of equity partnerships as for part of the loan payment as well or allow them to hold a board seat of directors until such payment is returned to them.
I have the manufacturing facilities and product line to go national as well as 3 companies willing to sell and merge into this public venue for a small buyout and shares in the company in ratio of cashflow earnings that they are alredy generating. These 3 companies all compliment my industry and would easily merge in with SEC approval and are self sufficent now.
Anyone with some input or assistance on putting this altogether I would gladly like to hear it. As it is only 125K needed to do this.
I have a company in which I would like to take onto the public venue for a reverse merger.
I have a shell corporation which I have found at a true value which is empty of assets and liabilities and no legal battles which is trading now. This shell is undervalued and has little reverse splitting history to it. It has 4 Market makers on it now with a history of having as many as 9 at one time.
I can purchase this shell for 125K and this would allow myself to merge my comapny into it with a filing to do so. Then it is also elgible to for a filing of the 504 for raising of capital of 1 Million without SEC regulatory stipulations for the first 12 months. This is elgible for this 504 in 3 weeks.
I was curious if anyone knows of a lender who would do a loan on buying control of the shell with the public controlling block being held as collateral with an interest only and balloon payment in 12 months and limited if any at all prepayment penalty as I would file the 504 then get the marketmakers to move the Price per share to raise the capital back for corporate to pay the loan back and be long and hold with a comrporation into a shell????????
I have an attorney who used to work for the SEC as a board member as soon as I go public as he will do legal work and sit on the board committee for shares as he likes the concept and business plan.
I would be willing to discuss many venues of equity partnerships as for part of the loan payment as well or allow them to hold a board seat of directors until such payment is returned to them.
I have the manufacturing facilities and product line to go national as well as 3 companies willing to sell and merge into this public venue for a small buyout and shares in the company in ratio of cashflow earnings that they are alredy generating. These 3 companies all compliment my industry and would easily merge in with SEC approval and are self sufficent now.
Anyone with some input or assistance on putting this altogether I would gladly like to hear it. As it is only 125K needed to do this.