Comments on: How can I put my business in the stock market without using a broker?

By: Net Advisor™

Net Advisor™ — Sun, 21 Feb 2010 20:51:48 +0000

First of all you need to know that a broker does not take companies public. A broker is a sales representative and limited by their licensing such as securities sales.

What you are referring to is called an investment banker (IB). An IB can help in bringing a company public.

It sounds like you want to take your company public and just do it yourself. This is not exactly Scottrade where you can avoid expert advice and just figure it all out on your own. Because even if this info was given to you: HERE:

You will still be confused by the legal and financial requirements.

1. You MUST have a securities lawyer or firm who has proficient expertise in this area.

2. You MUST have a CPA / Auditor or associated firm who has proficient expertise in this area.

3. You will also need a licensed IB. They will be the ones who among other things that will be able to sell the securities to the public in the public offering. One cannot sell securities to the general public without proper licensing and proper registration.

4. You will be required to furnish NASDAQ certain legal and audited accounting documents and they are extremely extensive.

If you are not an attorney and CPA with knowledge in this area you will not be able to do this yourself. NASDAQ will reject your application as they will not accept self-audited financials, nor will they accept an opinion letter from an non-attorney.

# Table of Contents
# Introduction
# Role of the investment bank
# Role of the accountants
# Role of the law firm
# Role of the investor relations firm
# Role of the financial printer
# Role of the insurers
# Contributor Profiles

You can contact:
William Slattery
Vice President, Listing Qualifications
301 978 8088

Benjamin Haskell
Associate Director, Listing Qualifications
301 978 8092

for NASDAQ listing standards or the application process.

Alternatively you can make a private offer for securities under Regulation D.

Reg D, Rule 506

This is where you raise money for your business but you are not public. You don’t need an attorney, CPA or IB, but it would not be wise to do this without a legal expert.

Good Luck! Net Advisor™

By: smm5770

smm5770 — Sun, 21 Feb 2010 00:23:29 +0000

You will want to contact a corporate attorney and they will tell you what you need to do but, taking a company public is very expensive and time consuming. smm5770

By: sleddog382000

sleddog382000 — Sat, 20 Feb 2010 02:10:08 +0000

No major exchange like the Nasdaq will allow the listing of “penny stocks” which is what your small new company would first issue. Whether you buy a shell company or not, your new public company will be traded on the “Pink Sheets” or the “Bulletin Board” which handle penny stocks which can’t be listed on the major exchanges. After you are successful enough for your stock to trade over $5/share, it may qualify for listing on one of the bigger exchanges.

If you truly want “detailed instructions” for how to list on Nasdaq, you’d better contact that exchange or go to their website. You won’t be finding them on Y! Answers. sleddog382000

By: JDG

JDG — Thu, 18 Feb 2010 05:03:21 +0000

Good luck. If you have the cash the best approach is probably to buy a shell company that’s already listed on one of the exchanges. That’s becoming more and more common these days. But it takes money because you’ll have SEC filings and the like to cope with. JDG

By: balsmin

balsmin — Mon, 15 Feb 2010 16:01:04 +0000

Nasdaq is not for corner convenience store . If you have a large enough business then you can issue some shares to public and list your public company on nasdaq. balsmin