Business
SEC Suspends Hi Score and Olie After Janice Shell Research
On February 7, 2014. The SEC temporarily suspended trading in OLIE and Hi Score due to a lack of current and accurate information about the companies. It is not yet…
Business
IPO Filing And Prospectus Delivery Requirements
Under the Securities Act of 1933 as amended (the “Securites Act”), a Company that conducts an initial public offering (“IPO”) including in a going public transaction must adequately disclose material…
Business
Anti Fraud Provisions Apply To Public Float Schemes
When companies go public through reverse merger transactions, insiders often employ various mechanisms to obtain not only control of the public shell but also of its free trading shares.…