Quote:
Originally Posted by polosco
my guy issuing house is not much of a problem in PPs, wat is essential is the viability of the coy doing PP, will it thrive? pls still see if you can get d prospectus uploaded, let's have a look and decide, long live the house of common stocks.......  |
@polosco,
Issuing house is very important bcos these are the guys that are going to see to it that all the hurdles are crossed for the comapny to meet the listing requirements for the stocks to be listed on the exchange. It also gives a level of credibility to the offer.
That one of the reasons Cashcraft and Union diagnostics are having issues bcos Cashcraft is not experienced as an issuing house. Also, you will notice that most of the PPs handled by IBTC are usually juicy bcos IBTC are selective in the PPs they package.
Summary, Issuing house is very important. Infact, it was one of the reasons i didn't subscribe to the Union diagnostics stuff. Don't want to be involved with anything concerning cashcraft.