Category Archives: Going Public

Direct Offering Costs

ASC 720-15-15-4(m) lists “Costs of Raising Capital” as excluded from the ASC 720 “Start-up Costs” topic. But what is the GAAP authority for netting “direct offering costs” against the proceeds that a company raises from selling stock rather than reporting … Continue reading

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OTCBB Sold To The Highest Bidder?

Reverse merger expert David Feldman says he hears it’s close…

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SEC Comments Analyzed

Deloitte, the auditing superpower, has published a survey of SEC comments in an attempt to figure out common areas where financial reports leave questions and gray area. It’s good reading for public market participants of all stripes.

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Cheech Marin, CFO

Medical Marijuana, Inc. says it’s going for the brass ring… It sounds like it’ll file an S1 to get public on OTC-BB. I’d love to see those accounting records…. Uh, yeah, man… the receipts are back there.

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