Market Surges But Microcaps Still Struggle – Let’s Give Everyone Short Form Registration

Of course we are all happy that the stock market has been hitting new highs this past week. It has been a long road back from 2009 when the market had less than half its current value. The M&A market is awake, lots of large financings taking place, and even though the economy is not ...

Dow Hits New High

The Dow Jones Industrial Average has beaten the previous record high of 14,198.10 set in October 2007. That’s a pretty cool thing. If only we felt as positive and optimistic as we did in October 2007, but then again that’s just when things started getting bad but we didn’t know that was coming. The good ...

Can Seasoning Restrictions Be Adjusted?

I remain determined in my quest for the major stock exchanges to consider some alterations to the reverse merger “seasoning” requirements instituted in November 2011.  As we know, these restrictions were added primarily in response to allegations of fraud in a number of Chinese companies that went public through reverse mergers. The rules add a ...

We’re Back! All Clean! And Spiffy New Look!

Thanks everyone for your patience as we cleared up a malware problem that hit this humble blog. Everything is fixed and we have an “all clear” from Google! We took the opportunity to update the look of the site a little, hope you like it! We are also just weeks away from launching a new ...

Apologies folks!!! Back soon…..

Like major banks, Facebook and news media, it appears our wonderful blog has been hit with some malware. Hopefully it’s not some radical anti-reverse merger people! Seriously, it looks like just your garden variety virus has hit some of my prior posts. We may reset the blog to pre-January 1, which would get rid of ...

Malware Warning: Only on a Link

I apologize as some of you are getting warnings that there is malware on this site. We have not found the specific cause, but we know it is connected to a hyper-link somewhere on the site. Therefore, it is totally safe to come here and read blog entries. I would not, however, click on any ...

More on Dow Jones as it Flirts With All-time High

On October 9, 2007, most of us in the finance world were riding pretty darn high. We had watched a frothy market runup that had been unprecedented. On that day, the Dow Jones hit its still all time high of 14,164. From there it rode its way all the way down to the 6000s range ...

Dow Jones Hits Five Year High

Yes the economy keeps hobbling along.  But the stock market has been very strong. The bellwether Dow Jones industrial average of 30 large cap stocks hit a five year high the other day, highest it’s been since Halloween of 2007. My 22-year old was still in high school, my 10-year old in kindergarten.  That’s just ...

Flash: Obama to Name Mary Jo White as SEC Chair

It just came across the wires that Pres. Obama later today will announce he is appointing former federal prosecutor Mary Jo White to be the next Chair of the SEC. She was a well-known (and well-respected) prosecutor here in New York, appointed by Pres. Bill Clinton. She successfully nailed terrorists, Wall Streeters and mobsters. Most recently she ...

Big Award in Chinese Reverse Merger Case

In what appears to be the first actual judgment in the several dozen cases involving allegations of impropriety in cases of Chinese companies that went public in the US, a $77 million arbitration award was granted to a plaintiff in an arbitration case in Hong Kong. AIG CEO Hank Greenberg’s C.V. Starr & Co. sued the founding shareholders ...