Archive for April, 2010


Over The Counter Bulletin Board – Anatomy of an S-1

Your company is growing. Now you are ready to start raising serious capital and you here the public fund raising markets. Here are the basics of your S-1 filing. Know the lingo before you hire a consultant. Because companies must adhere strictly to SEC regulations, initial prospectuses are similar in their organization. Each S-1 generally consists of the following sections:

Front Section — An S-1 contains a small amount of information not available in a prospectus. In this first section, you can quickly find the issuing company’s phone number and get a vague sense of the future offering price.

Cover/Inside Cover — The prospectus cover outlines the general terms of the offering, including names of the underwriters, number of shares offered, and pricing information. The actual share price is absent from a prospectus until the day of the offering.

Prospectus Summary — Here you will find a brief synopsis of the company’s business and history, a modest discussion of the change in capitalization to occur as a result of the offering, and a useful summary of financial information covering the last five years, if available. If you are screening prospectuses for investment ideas, start here.

Risk Factors — After you have read a few prospectuses, you will become familiar with the “usual suspects” in this section, including “Possible Volatility of Stock,” “Limited History of operations,” “Dilution,” and “Dependence on Key Personnel.” Nevertheless, this section is a worthwhile read to be sure that you understand the challenges facing the company’s management. The discussion of competition can be sobering, but it can also provide a means to compare the value of the issuer against the financial performance and market valuation of its competitors.

Taking your company public should be an exciting and revitalizing time. Don’t take unnecessary risks, hire a consulting firm who can streamline this process and deliver the results you’ll need for success!

Get S-1 Filing InformationWant To Go Public With Your Company, call Princeton Corporate Solutions at 267-233-0183Take Your Company Public the easy way!

How To Find All The Angel Investors And Venture Capital Financing You’ll Ever Need! The once definitive line that would separate hard money and private/angel financing has merged into a hybrid of sorts in the past few years. As the economy has taken a dive and structured private lending firms have felt the crunch we are finding many of these lending solutions closing its doors and re-opening as privately owned and managed funding options with an interest in both lending and seed investment.

Approval decisions that were once made by a group are not being made by an individual or duo with an eye toward optimal capitalization with both short term and long term agendas. As investors are, now more than ever, trying to get as much bang out of their buck, entrepreneurs are in the precarious position of accepting funding from virtually any and every enterprise that is making an offering. That said, it is more important now than ever to swing open your mind to the possibilities of mass exposure of your opportunity to the investment world.

The best way to do this is to simply put your business in constant and automated ‘introduction’ mode so that you can be found by the moneymen. The best way to do this is to heavily investigate the venture capital industry for executives who have created offshoot programs that have deviated their process from the traditional path of simply approving or declining a transaction.

There are many VC professionals who want to capitalize off of the projects that their firm cannot accept due to underwriting criteria and industrial genre specialization so they are starting these small but well managed financial source databases where members can place their transaction directly in front of thousands upon thousands of angel investors, private investors, hard money lenders, venture capital firms, private equity firms and other alternative finance solutions.

These websites are now the hottest thing in the capital markets and will continue to grow because of the high success rate of individual executives and entrepreneurs who are able to find multiple streams of financing options with the click of a button.

Do You Need Financing For Your Business? Do You Need Angel Investors, Private Investors or Venture Capital, then visit Angel Funding Project’s site and find the best Business Funding Sources In The Industry.

Merchant Cash Advances For Restaurant Loans

Are you having a hard time getting your business financing application approved through normal channels like banks? Most likely, you are already aware just how small the percentage is of businesses getting loans approved at any given time. There’s no need to fret, though, because you can get fast and easy business financing anytime through merchant cash advances.

You can get business finance easily though merchant loans. What are they, though? What benefits do they offer that other types of loans do not?

Merchant cash advances have existed in the US market for quite some time now but are new to the UK market. A lot of entrepreneurs are taking advantage of them since they are able to give tons of benefits that normal loans do not offer. They are by far the most convenient method to get business financing fast. In fact, a merchant advance will normally get approved within 24 hours. Getting the funds after approval usually takes just 5 to 10 working days, tops. When you go for banks loans, the process of having it approved will take several weeks. The release of the funds will also take several more weeks, that is, if they get approved.

Merchant cash advances are more beneficial than other types of loans for a lot of reasons. For one, they are based solely on the average daily volume of your businesses credit card sales made in a month. Expect your repayment to be directly proportional to your average daily earnings each month. This allows you to pay your monthly dues without worrying too much. Going for bank loans will mean having to pay a fixed monthly rate and having to pay them on time or else, risk running a bad credit history.

A lot of businesses, both small-scale and large-scale, benefit from merchant loans. They are the option most ideal for them since they offer great flexibility. If you get one, you can use the funds any way you want, unlike banks loans and other similar loans wherein the funds can only be used for a specific purpose as written on your loan application. They will also not affect your credit rating adversely.

After you get your merchant cash advance approved, you will normally be able to receive funds based on your business’s average monthly credit card sales for the past 6 months. You will typically be granted a minimum of a hundred percent of your average monthly income from your credit card sales. The re-payment is usually about 10 percent of your total monthly credit card income, making it really practical. Usually, once you are able to pay off 50 percent of your initial cash advance, you can get another one without any need to re-apply. All of these make merchant cash advances ideal and practical for all types of small businesses.

If you want to grow your business rapidly, consider a merchant cash advance. You will find that you need not go through much red tape if you do. You will also be able to grow your business without a lot of hitches.

Want to find the easy way on how to obtain business financing? Learn about merchant cash advance and how Credit For Merchants can help solve your business finance needs. Get approved in as little as 24 hours!

So many companies dream of going public to raise massive amounts of capital, as set up for an exit strategy, to make acquisitions with stock and for many other reasons. While your intentions may be pure and with genuine motives, you’re entering shark infested waters of boiler rooms, crooked attorneys and underbelly consultants who have made careers off of taking well intentioned executives just like you for a 24 month rollercoaster ride while they take every penny you have as your company shrivels up like week old road kill.

Just and honest consultants in the ‘public offering’ industry are as rare as the illusive white elephant. This industry exists in a cesspool surrounded by rose gardens; from afar it looks amazing and an image of a dreamland but get up and close and the sludge and odor are enough to make you run and hide. So what do you look for in a consultant? The best consulting firms are the ’boutique firms’ with minimal overhead that keep a low profile and are made up of 3 or 4 ‘partner’ consultants.

These firms typically have the experience of working with the large consulting groups but for one reason or another have decided to leave and go out on their own. The great thing is, these small groups typically have massive contacts and process your entire public offering in-house. Offering a complete turn-key solution that is managed in-house offers a huge advantage because there is accountability and you can actually build a relationship with the people that are making your dream of a public offering come true.

These ’boutique’ consultants will usually stay onboard as growth consultants for the life of the company in exchange for modest fees and a pre-IPO or pre-OTCBB equity position. The large firms will hack you out at the knees and gouge you with fees while they take massive amounts of equity in your company which takes away your bartering chip when you need to offer more stock to the public to raise capital.

The small firms will also work one on one with you to show you how to use your stock to grow through acquisition and other nifty ways to use stock to grow. Seek out the boutique consulting firm and save the attorney for spot audits. Hold on to your cash. Why pay outrageous fees to lawyers when you can pay 60% less with a small consulting firm that will add all the bells and whistles for free and actually get your stock trading, usually in half the time?

Take Your Company Public, call Princeton Corporate Solutions at 267-233-0183Take Your Company Public the easy way!

Take Your Company Public With OTCBB: Use Your Stock Like A Bank

Many entrepreneurs and executives want to move forward with the process of going public merely for the ability to raise capital through the sale of stock. They usually don’t think of the strategies necessary to keep the momentum going such as how much equity to give up initially, how much equity to sell ongoing, how to capitalize off of the use of the securities as collateral for loans and lines of credit and so on.

One of the most profound strategies companies can use to retain company equity while capitalizing off of their public entity is to put up portions of their securities as temporary collateral for loans and to use securities to grow through acquisition of strategic alliances.

Stock should be looked at as cash and designated for appropriate purchasing strategies. Stock monetized through collateralized lending can work wonders as long as the exit strategy is in place and secure. Your attorney should be well versed in this activity and audit the contract for convertible aspects which could strip the transaction of its advantageous nature.

Debt that converts to equity means giving up a huge bartering chip for future transactions. Don’t give up equity unless you have to. There are scores of companies that will lend against your securities without having to give up long term equity. Use this strategy wisely and you’ll never have a problem getting capital.

Also, using stock to purchase strategic partners is more relevant now than ever. Purchasing a company with stock that can be monetized over time is an incredible way to grow through acquisition. Going public on the OTCBB is a quick and easy way to start using the countless capabilities for capitalization with a public entity. Going public simply to raise capital with your market maker or broker dealer would be selling yourself short. Take advantage of the countless ways your securities can work for you.

Want To Go Public With Your Company, call Princeton Corporate Solutions at 267-233-0183Take Your Company Public the easy way!

Some Of The Main Characteristic You Should Understand About Cruise Ship Job Opportunities

For someone who is looking to attain a position within the ceaselessly growing tourism trade the alternatives are often confined. While several tourism fields continue to grow in size there are few new positions that are being developed. For the job applicant who is looking for brand new experiences while continuing to participate within the tourism field, look towards cruise ship job opportunities. Every ship has lots of employees relying on the size of the vessel and this helps to come up with new cruise ship job opportunities every year. For an individual looking to only enter the business their greatest cruise ship job opportunities will be found with hospitality, engineering or deck hand.

A cruise ship is basically a hotel at sea thus the cruise ship job opportunities connected to hospitality play a important role within the guest’s experiences. Whereas at sea several guests chose to spend a nice deal of your time in their rooms, demanding that the hospitality team continually be at the top of their game maintaining area condition while satisfying the guests needs. As cruise ships increase in size, the cruise ship job opportunities will also starts growing, demanding experienced and competent associates ready to manage an unlimited number of individuals on a daily basis.

The cruise ship job opportunities connected to hospitality are necessary for guest satisfaction however the unsung heroes of the cruise ship industry are found with the engineers. The cruise ship job opportunities found with engineering are of the utmost importance as a cruise ship cannot break down at sea. For several lower grade engineers, a background in mechanics is typically important in applying for this position, however a political candidate education will solely push your cruise ship job opportunities further. In this trade there’s a hierarchy in regards to positions thus it’s important that you’re employed along with your superiors and do not look for conflict considering the position you hold with these cruise ship job opportunities.

The final position most commonly found for brand new cruise ship job opportunities relates to turning into a deck hand. If you were to compare these cruise ship job opportunities to a land based mostly hospitality position you may realize similarities to the maintenance staff at a resort.

The deck hands are responsible for the ships maintenance and physical appearance throughout a voyage. Guests pay large amounts of money to travel on a cruise vessel and the cruise ship job opportunities of deck hand demand you keep the ship trying pristine.

To search out additional cruise ship job opportunities that charm to your interests visit http://www.workoncruiseships.com.

How Important Are Sales Lead Management Systems?

So, are you asking yourself now what your next step will be now that you have a solid base of leads? Some people might not see this question as an important one, but for entrepreneurs, especially those who are conducting their business online, this question is something that needs to be addressed properly. It is very important for businesses to get hot prospects, yes, but if they you have one and you do not really have any idea how to deal with them, then your business will inevitably die a tragic death. You can avoid this scenario altogether when you have a good sales lead management system in place.

Sales lead managements systems were developed in order to help online business entrepreneurs streamline their lead management activities properly. When you think about it, you might find that using it is a bit hard at first, especially if you are used to conducting your business the traditional way. But after a few tries, you will find that using them will help you do everything on autopilot, hence, guaranteeing your business activities to be more efficient. This is going to be felt most especially if you are used to doing manual tracking.

A quality lead management system is by far the best solution to any business’s lead distribution activities. There are entrepreneurs who will not really be sold on the idea of having one in the first place, but when they try it, they will realize that it will allow them to streamline all their business operations in such a smooth manner that its importance can simply not be ignored. Businessmen who are already using them find that they are now able to focus on the only thing that will allow them to have revenues, that is, chasing after those hot prospects.

All the lead management activities of any type of online business can really be improved when sales lead management systems are utilized. The results are, to put it simply, astounding. Most lead management system software are internet-based; when you have one, you can access it almost anytime you want. This will allow you to make sure that you can keep track of everything that you need to accomplish in terms of addressing leads. Since they can be hosted remotely, you no longer need to set up a server and worry about its maintenance since for just a very low monthly or annual fee, you are assured of 24/7 technical support. Your sales team also has central access to it. This gives you the assurance that they will not be missing anything – be it sending emails, calling, and the like.

When they were first introduced to the market, sales lead management systems were not that user-friendly. But today, those created with a not too user-friendly interface do not sell, hence, software developers make it a point to ensure all the software they develop have a user-friendly interface. Doing so will allow even those with poor IT skills use them without having difficulties.

The most common features that sales lead management systems should have are the following:

1. Database management

2. Client management tools

3. Charting tools

4. Autoreminders

5. Reporting tools

All of the 5 features mentioned above are the key ingredients for one power lead management system that can ensure your sales team’s efficiency. Having these features allow them to keep track every single thing that’s important when it comes to dealing with your prospects. They also give you the assurance that all of your clients’ needs are addressed in a timely manner. You can surely maximize your efficiency as a whole, especially since you can have everything on autopilot.

Experience the power of a sales lead management system today only at Instant Leads. To know more, have a chat with their lead distribution system expert.

The Mapes Hotel: Reno’s Lost Art Deco Jewel

On a cold, gray morning in late January 2000, the historic Mapes Hotel in Reno was imploded by 75 pounds of explosives tucked into the art-deco structures support columns. The controlled demolition came despite years of effort by a number of groups within the community and nationally to preserve the building with lawsuits, redevelopment proposals, and grass roots lobbying efforts.

While the logic and necessity of demolishing the Mapes is very questionable, one thing that is certain is that the hotel was an important part of Northern Nevada history. The opening of the Mapes in’47 ushered in a new era in casino gambling, and changed the economy and way of life in Nevada forever. The Mapes was actually the first property in the country to combine a hotel, casino and live entertainment under the same roof. It also became the hotel of choice for celebrities staying in Northern Nevada. Clark Gable and Marilyn Monroe stayed at The Mapes during the filming of ‘The Misfits’. Joseph McCarthy, America’s famed anti-Communist crusader, admitted to a reporter over cocktails in the Mapes Lounge that he really didn’t have a list of Communists in the US despite his frequent and vitriolic insistence to the contrary.

In the 50s and 60s it became, along with Lake Tahoes Cal-Neva Lodge the place to be seen in Northern Nevada. The top floor, window-walled Sky Room showcased performances by the legends: Sinatra, Louis Prima, Mae West, Milton Berle, Sammy Davis, Jr., and the Marx Brothers among others. Subsequent years were not kind to downtown Reno but the Mapes prospered during the 60’s and 70’s. The hotel finally closed in’82, due more to financial difficulties experienced by the Mapes family caused by one of their other Northern Nevada gaming properties than anything else.

Reno never experienced the massive growth that occurred in Las Vegas and southern Nevada, and for that reason the destruction of the Mapes is more open to debate than the hotel demolitions to the south. Even the demolition of The Sands–perhaps the most historically significant casino in the state–is hard to argue against given the inability of such a small property to compete in the current Las Vegas marketplace and in light of the value of the mid-strip real estate. The old properties may have historic value to pop culture historians, but their survival doesn’t make economic sense. They’re simply ‘analog players in a digital world’.

This is not the case in Reno, where land and buildings for development in virtually every casino area are abundant. The city argued that the land on which the Mapes stood was necessary for their redevelopment efforts–a somewhat absurd position given the realities of downtown Reno and the lack of any real development on the property since the demolition. Despite receiving a number of viable concepts for the Mapes Building, the City Redevelopment Authority rejected all of them and the Mapes was destined for demolition.

The role of the City Redevelopment Authority was questioned throughout the process. Overlooking the Truckee River, the hotel was on a prime location between the downtown casino area and the riverfront district. A number of sound financial proposals were presented that would preserve the integrity of the structure including condominiums, office space, and perhaps most viable, upscale senior apartments. Oddly, all of these proposals were turned down by the citys Redevelopment Agency which continued to maintain that demolition was the only viable option despite copious evidence to the contrary.

Following the 2000 demolition, the lot remained vacant for over a year until a temporary ice skating rink was hastily constructed the following winter. The site now houses a permanent ice skating rink which, while not a bad use for the land, isn’t the sort of game changing improvement suggested by the City Redevelopment Agency and their adamant insistence that the building be demolished. To the contrary, it appears they had no specific plan or even general idea of what to do with the land but for some reason wanted to see the hotel come down. This has led to all manner of speculation, ranging from financial self interest to a rumor that the structure was ‘haunted’ and needed to be destroyed to forestall future paranormal activity in Washoe County. Whatever the reason, the city of Reno lost a valuable landmark that played a significant part in the economic growth of the entire state.

Ross Everett is a widely published freelance sports writer and highly respected authority on sports betting odds comparison. He writing has appeared on a variety of sports sites including sportsbooks and betting odds portal sites. He lives in Southern Nevada with three Jack Russell Terriers and an emu. He is currently working on an autobiography of former interior secretary James Watt.

Arena Football League To Fold, Will Declare Bankruptcy

After canceling their 2009 season, the Arena Football League has shut down entirely and appears headed for bankruptcy. Earlier this week, the league office released a short statement indicated that it had ceased operations because owners were “unable to reach any consensus on restructuring the league over the past eight months.” The league had reached a new agreement with players earlier this year, but was unable to convince enough owners that they had a viable plan to return to profitability. The leagues statement continued that there are no other viable options available to the league right now.”

Even before the decision was made to cancel the 2009 season this past December, it had been a tumultuous off-season for the Arena Football League. It began with the resignation of long time AFL commissioner David Baker just two days before the Arena Bowl championship game. Though Baker put a positive spin on his resignation saying that he felt it was time, the timing was curious. Imagine the symbolic weight of the gesture were David Stern to resign right before the NBA finals, or Roger Goodell to step down before the Superbowl”even though Baker insisted that it the decision was strictly for personal reasons it doesnt exactly send a positive signal about the stability of the league.

In October, the owner of the New Orleans VooDoo announced that the team would cease operations”despite being one of the league leaders in attendance. In announcing that the team would fold, owner Tom Benson (who also owns the NFL Saints) suggested that the end of the five year old franchise was in no way an indictment of the New Orleans market.

A dispersal draft to reassign the VooDoo personnel was scheduled and postponed several times amid assurances from the AFL office that rumors of financial instability were unfounded.

The inability to get any consensus on a business model for the league reportedly served as the final nail in the AFLs coffin. A major problem was skyrocketing player salaries, and some sort of compensation system tied to team revenues was a necessity. That agreement was reached with the players, but a bigger conflict between the owners on a variety of business model related issues were never able to be resolved.

Despite the demise of the Arena Football League, it wont be the end of the road for the twenty two year old sport. known as The 50 yard indoor war . Arena Football lives on in the AF2 league which, ironically, was originally started as something of a developmental organization for the AFL. The league plays in smaller markets and has a more realistic salary structure. A number of current AFL players”and possibly a couple of AFL franchises”could end up in AF2.

Ross Everett is a freelance sports writer and highly respected authority on sports betting odds comparison. He writing has appeared on a variety of sports sites including sports news and betting odds portal sites. He lives in Northern Nevada with three Jack Russell Terriers and an emu. He is currently working on an autobiography of former energy secretary Donald Hodell.

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