Direct Public Offering – Part I

I am contacted by entrepreneurs that inquire about purchasing an OTCBB shell for a reverse merger for their company. In many cases, after an initial discussion, it becomes obvious an alternative course of action would be best suited for reaching their goals and taking their company public. One of those alternative options is a Direct Public Offering or DPO. This is a process by which a private company will file an S1 Registration Statement with the Securities and Exchange Commission resulting in the company attaining a public trading market for its securities. This, as we commonly refer to in the reverse merger marketplace, is going public through the front door. The process is lengthy but it is, by far, the most inexpensive way to take your company public.