Sunday, October 20, 2019
Household Finance

FINRA Form 211 and Having Your Stock Trading

To get your stock trading, regardless of how you became public, it’s important to get the stock quoted on the Pink Sheets, OTCBB markets or on a stock exchange. For smaller organizations this indicates having the stock trading on the Pink Sheets or OTCBB.

To have a trading industry you will need 1 or much more market makers. This market maker has to be a broker-dealer who is a member of FINRA and registered with the SEC.

To begin trading, one marketplace maker must file a Form 211 with the Financial Business Regulatory Authority, FINRA, and make a market place within your stock.

A FINRA rule says that market makers are usually not supposed to charge any charge for filing a Form 211. We polled each of the market place makers listed on Pink Sheets last year and all of them but a single wanted a $10,000 “due diligence” charge or some such to file the Form 211. Offered the expense and time involved, as well as the likelihood that filing for a fraudulent firm is usually a bad reflection on them, we are able to hardly blame them for wanting to perform due diligence. Besides that, we think a market place maker should be prepared to file a Form 211 if it believed that substantial business would create in trading the stock. Industry makers generate profits mostly on volume.

FINRA processes the Kind 211 and needs that there be adequate non-affiliated shareholders with cost-free trading stock to make trading in the stock achievable. They usually do not want this stock to become concentrated inside a couple of hands.

You’ll have to document in detail how this stock was provided and sold and prove that this was in complete compliance with all the securities laws and guidelines in the SEC and the states. This stock has to purchased in a bona fide transaction for investment and not basically gifted for the shareholders.

You will have to prove that your firm will not be a shell as defined in Rule 144. You’ll have to show that you are in a bona fide small business with assets and at least be a development stage business.

You will have to generate a shareholder list out of your transfer agent clearly showing free of charge trading stock and an opinion of your securities lawyer that this stock is in fact cost-free trading stock and not restricted FINRA could quit the Kind 211 for those who have any connection with unsavory characters or if there’s anything else they don’t approve of.

If FINRA does not approve your Type 211, you might have the appropriate to appeal for the SEC. We would count on that any such appeal is probably to be unsuccessful.

Obtaining the correct documentation, obtaining a appropriate list of shareholders, and selecting a market place maker are crucial methods within the process.…

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Financing

Female Entrepreneurship and Venture Capital Investment

The world has changed. Women are getting more absorbingly occupied in the world of entrepreneurship today. This is because many women tend to invest more conservatively than most men when talking about financial matters whether within the four walls of their home or in the real world outside. Furthermore, women were always seen as being domestic, pious, moral, pure, gentle, kind, graceful, and beautiful. If a woman was placed in a different situation, she would always know how to compose herself even in a toughest situation.

In the past century, women have always been present in the work force as business managers or even business owners but not quite in significant numbers. However, in the recent years, the concurrence of legal, educational, demographic, and social development have begun to move women into the prevailing direction of corporate management and entrepreneurship as well as in venture capital investing. Accomplishing their dreams way up to the corporate ladder while fighting gender discrimination is a common life thread mostly seen among some of the most successful and famous women in business. And these women we see as powerhouses in the business came from humble upbringing.

Women also run companies differently compared to men not just in the lifestyle business but in employing people. This is because women are more deeply perceptive and can better suppress negative emotions. They are more likely to display good leadership because of their higher emotional intelligence. Women and men may have similar career aspirations, advancement strategies, and barriers to success but they have differences in the types of barriers and how they balance their work or life responsibilities.

The leading women of entrepreneurship today envisioned to make a difference to the global awareness and culture of entrepreneurial women in business. Amanda Steinberg, a 33 year old female venture capital investor, was able to raise venture capital worth millions at such a very young age. She started working as a Web Programmer more than 10 years ago and she saw how many unstable startups were raising millions. She knew she would not stay forever running a software company’s satellite office, so she started to look for a big and fundable idea. She quoted, “If so many people were successfully raising money for mediocre ideas, I figured I stood a good chance with a great idea. I at least had to try”.

Monica Dodi, CoFounder and Managing Director of The Women’s Venture Capital Fund, is an international, multilingual new media entrepreneur with a proven track record in creating, launching and building highly successful global brands. She founded several highly successful companies and even negotiated numerous licensing deals with Fortune 500 companies. She co-founded MTV Europe that later became the fastest channel in the continent. She joined Walt Disney Europe, and ventured a paper product business with a Disney license which was later acquired by American Greetings.

She helped Warner Bros launched television channels worldwide and was recruited by Brandon Tartikoff as CEO, to launch an AOL’s Entertainment Asylum …

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Household Finance

What to perform When Collection Agencies Are Overzealous

Collection agencies are notorious for skirting the law when wanting to collect the cash that’s owed them. Non-English speaking and low income people are often the target of their illegal and deceptive practices. But anyone who’s had an account sent to collection could discover themselves their target. If you have fallen victim to any of their shady habits, you do have recourse.

Many of the prevalent practices employed by collection agencies are to make use of profanity, intimidation, or threats to extract funds from debtors. They’ve even been identified to impersonate law personnel or falsity documents in their quest to extort revenue. Often they have even pulled the adult youngsters or parents of debtors in to the fray. None of those practices are allowed. Even debtors have rights and those rights are protected particularly below the Fair Debt Collection Practices Act (FDCPA). The Act supplies recourse for all those that have been the victim of repeated violations, specially if they’ve a witness. Should you can prove your rights have been violated, it is possible to even sue or possibly acquire punitive damages.

For those who have been the victim of an overzealous collection agency, you owe it to yourself and other folks to hold them accountable for their misdeeds. Do this by lodging a formal complaint ideal away with all the proper authorities. Not only will that support prevent additional victims, however it could cause the forgiveness of your complete debt.

The agencies you would like to get in touch with to pursue a complaint would be the Federal Trade Commission (FTC) as well as your state’s Consumer Protection Agency (CPA). Your original creditor could also be interested to hear about any particularly outrageous conduct by the collection agency due to the fact they’re able to be held liable for their behavior in some circumstances.

The very first thing to perform is send a letter to your creditor outlining the certain violations produced by the collection agency. Communicate your willingness to waive any further legal action in exchange for forgiveness of the complete debt, plus removal of something unfavorable associated to it on your credit report. This could finish the matter simply because most creditors don’t would like to danger the prospective embarrassment and damage to their reputation from a lawsuit.

Victims of abuse by overzealous collection agencies have precise legal protections. When pursuing a complaint, ensure that any violations have already been completely documented and that you just possess a witness, if doable. Creditors is usually held accountable for the illegal actions of collection agencies produced on their behalf. Standing up for yourself when you have fallen prey to an unscrupulous collection agency can advantage both other possible victims, also as your wallet.…

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Financing

Ways to Save Money On a Night Out

Many of us are nervous over dating, particularly if we have not done it much in the past. Not only is it important for us to consider how we are acting while we are out on a date, we also want to make sure that the surrounding environment is setup properly. That is why it can be quite overwhelming if you are on a tight budget, yet you want to impress your significant other with a night out on the town. Here are a few cheap ideas that can help you to have a great evening without breaking the bank.

One of the first things that needs to be considered is the type of day that is going to be enjoyed. If you are going out on a first or second date, it is likely that you are going to go out and have a meal at a restaurant. It is possible for you to choose from among the best restaurants in San Francisco without going over your budget. That can be done by using one of the specials that may be available or perhaps a coupon for the area. You may find that you are saving quite a bit of money in the process.

Most high-end restaurants are going to offer specials from time to time but they are not going to make it public knowledge at all times. They don’t want to tarnish their reputation as being a high-end restaurant by cheapening it in any way. That being said, they also want to attract new individuals who will use their restaurant time and again. They may offer coupons to a select group of people and if you have access to those coupons, you can enjoy those high-end restaurants at a discount.

If you have been dating for quite some time, perhaps you would enjoy a night on the town that was a bit more intimate. Enjoying a couple’s massage is something that is always going to be memorable. Many married couples enjoy having a massage but it can be quite expensive, if you don’t use massage coupons. The same places where you can find information about discounts on the better restaurants in your area may also have coupons available so that you can get a massage on a budget. It is a great way for the two of you to enjoy an evening together or it can be a start to an even better evening.

One thing that you will want to keep in mind if you are dating on a budget is the fact that it does not need to be announced at all times. Just because you are saving money using a coupon or special in your area does not mean that your significant other needs to know that you are saving money. Make the arrangements ahead of time so that you can save money and you don’t have to pull the coupon out in advance in front of your date. That can help …

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Money

Money Problems Got You Stressed? Go Get a Financial Pizza!

I was writing this article on my laptop when my nine-year old came into the room and asked what I was working on. I barely looked up and grumpily muttered that I was writing an article on finding Financial Peace. He happily responded “Great Dad I want some Financial Pizza too!” I immediately realized that now, like so many times in my life, I was distracting myself from the very thing I was seeking. To honor the wisdom of my son and all the pint-sized geniuses that bless our world each day this article is published as Financial Pizza.

I was fully ready to educate you on the wisdom of making more, spending less and wisely investing for cash flow so you could reach some magical number that allowed you to sit on the beach, drink Margarita’s, never again worry about money and fully explore and share financial peace with the important people in your life. “You just have to be in it for the long haul,” “Nose to the grindstone,” “stay the course,” and “save for a rainy day”. That’s all a load of crap. If you do not have financial peace today regardless of your income, assets and social status, there is no amount or secret formula that will help you!

It is simply impossible to find outside of ourselves anything that does not already exist on the inside. My life has been an endless quest for more; more money, more power, more love all while desperately hoping to finally experience peace by reaching the mysterious goal of enough. I have finally realized enough and more cannot coexist no matter how many people buy into and share the delusion.

Shortly after the Pizza discussion my wife and I were babysitting our 5 month old grand-daughter. She is our first and only grandchild and lights up the room with her presence. I sat gently rocking her and giving her the last bottle before bedtime. As I looked into her eyes and watched as she drifted off to sleep I could feel her peace and contentment. How long till she took her place on the treadmill of life and started framing her happiness in terms of “when”, “if only” and “someday”. When did I officially decide financial peace was a destination with a ticket that could only be paid for in cash? When did you?

I know you are probably thinking this whole conversation is well and good for people with lots of money but you have bills to pay, kids to care for, and the local economy is a real mess. Someday when you get caught up, the kids are a little older, save a few bucks or have a little extra time to think about this financial peace stuff… Sound familiar? Yeah, me too, we can’t get back those anxious moments spent in fear, doubt and worry. Fear, doubt or worry cannot exist in the present and serve as a warning we are focusing our attention …

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