Going Public
If you would like us to create a new public Entity for you, This can be done. Please remember it will require additional time and effort for it to begin trading and receive a stock symbol. A non-trading shell requires the expertise of an experienced securities attorney, and a base of shareholders with freely tradable stock. In order to begin trading the expense including legal fees should be about $250,000 or somewhat less and take about 4 months.
It is unnecessary to buy a non-trading shell if you know the company you want to take public. It is easier and faster to take a company public itself without the use of a public shell.
A blank check company or public shell company is useful to own if you don’t know what company you want to acquire right now or if you want to make acquisitions later.
If you have found a trading public shell with a stock quote and you want to do a Reverse Merger with the Public Shell you have identified, we can assist you with the due diligence. A trading public shell with a stock quote and symbol is typically about $650,000. We are not recommending that you buy a trading public shell.
Beware of people selling non trading public shells, as they may attempt to sell you a shell without explaining that the bigger expense and time commitment is getting a stock symbol. The process of getting a stock symbol costs around $250,000 and takes approximately 3-4 months.
We have heard numerous stories of people buying a public shell company for prices of $40,000 to $125,000 without being told they would have an even higher cost to hire a competent securities attorney and additional time to get a stock symbol.
After you merge with a public shell you must go through the same process that a private company would go through. Therefore the time to take a company public is actually increased with a public shell company.