Webdigs.com, an online real estate brokerage that offers flat fees to sellers and rebates to home buyers, says it is planning a reverse merger. Full Story
Source: News Story
Shell company Veridigm struck a stock exchange agreement with Winevin International, a wine manufacturer and distributor. Full Story
Filing: 8-K
Shell company NATCO International plans to exchange 92% of its stock for all of the stock in Lassen Energy, a maker of solar panels. Full Story
Filing: 8-K
A shell controlled by Fountainhead Capital Management is planning to merge with Arno Therapeutics, a drug development company. Full Story
Filing: 8-K
Software company Etelos reverse merged with Tripath Technology, a bankrupt fabless semiconductor company listed on the Pink Sheets. Full Story
Filing: 8-K/A
China Clean & Renewable Energy (CCRE), an environmental consulting firm, reverse merged into a Form-10 shell. Full Story
Filing: 8-K
A fund affiliated with investment bank Rodman & Renshaw is buying a majority holding in shell company Mattmar Minerals. Full Story
Filing: SC14F-1
PostInk Technology, a developer of software for police and fire departments, completed a reverse merger with shell Global Advance Corp. Full Story
Filing: SC14F-1
Joseph Meuse, the founder of reverse merger consulting firm Belmont Partners, sold a 50.01% stake in shell company All-State Properties for $188,000 to Greenwich Holdings on March 3. Full Story
Filing: SC14F-1
Certified Technologies Corp. is planning to issue almost 70 million shares, or 98% of its stock, to Embedded Internet Solutions Limited in exchange for all of the shares of British Virgin Island company Zhaoheng Investment Limited. Full Story
Filing: SC14F-1
Short-Term Financing Popular with Chinese Companies
Evidence is still anecdotal, but bridge financing appears to be growing as a tool for investors in reverse mergers – particularly for China-based deals – dealmakers say. Full Story
Fragmented Regulatory Bodies, Shady Image Plague Canada’s Shell Market
Canada, particularly its western half, where a large proportion of microcaps originate, has been seen largely as a breeding ground for fraudulent microcap financing.
This is not without good reason, some dealmakers say. Mining and its financing are big business up north, and the industry's reputation is blemished, to say the least. Full Story
The vast region south of the U.S. border is increasingly being seen as fertile hunting ground for rapidly growing companies eager for U.S. cash and several reverse merger firms are setting up shop in the region.
Colorado-based Keating Investments, well known in the alternative offering market, recently opened an office in Bogota, Colombia. Another prolific reverse merger firm, Texas-based Halter Financial Group, has had a representative located in Miami overseeing its Latin American operations for about a year. Full Story
- PIPE Boutique Privatizes Via Spin-Off in Reverse Merger
- Rule 144 Could Effect Well-Known Mergers
- Life Science VC Firm Forms Virgin Shell
- SEC Closes Investigation into Shell Scheme
- Drug Company Turns to PIPEs for Cash
- Hirings & Firings
Valuable But Not for Every Deal
During the past three years, the formation of shell companies through the use of the Securities and Exchange Commission's Form 10 has proliferated. Many in the reverse merger and PIPE space find these shells an efficient and valuable tool to take a company public. Some have defended and others have criticized, and there are certainly pros and cons to these so-called "virgin" shells. Full Story
- China Energy Recovery
- China Renewable Energy Holdings
- COPsync
- CrowdGather
- Etelos
- Marani Spirits
- Shanghai Medical Technology Co
- SkyPostal
- SmartHeat Inc.
- Wealthlink Co.
- Yongye Biotechnology International
- Shell Merger Tracker
- Declared Shell Companies



