Doesn’t Going Public Direct take more time than a Reverse Merger?

Conventional Wisdom is that a Reverse Merger with a Public Shell is always a faster and more certain way to get a Ticker Symbol.  This time Conventional Wisdom is wrong. 

FIRST, A big part of any going public process is an SEC filing.  But Go Public Direct and Reverse Merger transactions require the same SEC filing.  Same information.  Same audited financial statements.  Same time to prepare.

Those who disagree with me usually tell me I’m wrong because the SEC takes time to review the filing in a Go Public Direct transaction.  The SEC doesn’t review the filing in a Reverse Merger.  Thus, PEOPLE tell me, they most certainly save time with a reverse merger.  Some even tell me they think it may take a year to clear their filing with SEC.  Or that the SEC won’t ever clear their filing. 

My clients all know that’s not true.  All my filings in the last five years have cleared the SEC.  Some of my recent filings have cleared the SEC in less than 30 days. 

Reverse Merger transactions take extra time, too.  Time delays that you don’t have if you hire us and use our Go Public Direct transaction.

Have you been shopping for a shell?  If so, you know:

• First you’ve got to find a good Public Shell. 
• Then you’ve got to conduct due diligence to make sure you are getting a clean shell that will really work for you. 
• The first shell you find may not work.  So you may have to look at many possible Shells before you find the one you want. 
• Then you have to negotiate the basic price and other terms. 
• Then you have to review and possibly renegotiate formal legal contracts. 
• Finally, you have to close the reverse merger and make the required state law filings.

That will not happen in less than 30 days, guaranteed.

Our Go Public Direct transaction can actually be done in 90 days.  Sometimes it may take a little longer.  In any event, no reverse merger transaction I’ve ever seen – Start to Finish - can match our record.