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Problems after closing on refinance and how can you avoid it?
Refinancing can be defined as a way for paying off your existing mortgage by taking out a new one. But before taking a loan, think carefully whether you can make the required payments or not, otherwise you could lose your home as well as the equity you've ...
Student Loan Refinance
This article provides useful, detailed information about Student Loan Refinance. There are basically two types of Student Loans: Federal Student Loans and private loans. Federal loans are based on the financial need of the applicant [student] ...
Use Tax Credits To Help Finance Your College Education
Students are always on the lookout for ways to help pay or offset the cost of their tuition. There are various government grants and scholarships available to you if you qualify. But what if you don't qualify for these government programs? Don't loose ...
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A shell corporation is a company that is incorporated but has no significant assets or operations. These corporations may be formed as an alternative venture financing mechanism.
Shell company financing works in two ways. In many cases, the shell corporation is created from scratch. The purpose of these shells is to raise money and to get a number of shares outstanding into the public's hands. In most cases, the shares are sold in units. That is, the shares are sold as one share of common stuck plus warrants at the current offering price.
The empty shell is then merged with the operating company. The merged companies begin to report operating results and when the results are good, existing stockholders exercise their warrants and provide needed capital into the company.
A second type of shell corporation is formed when the company seeking capital identifies an existing shell or inactive public company (IPC) as a candidate for a reverse acquisition. This typically occurs after a public company emerges from bankruptcy. At this time it may be void of assets other than cash. In fact, the principal asset of the IPC is its often its public registration and a roster of shareholders from which new capital may be raised.
Shell corporations are a quick and cost effective way of taking a company public and raising public capital. However, typically bridge capital is required to finance the process and take the company to a point where investors are interested in exercising their options.
About the author:
GT Business Plans has developed over 200 business plans for clients that have collectively raised over $750 million in financing, launched numerous new product and service lines and gained competitive advantage and market share. GT Business Plans is the sister site of GT Venture Capital
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 Subprime lender Cattles cuts jobs and costs - WTOP Radio
LONDON (AP) - Subprime lender Cattles PLC said Wednesday it plans to cut 20 percent of its work force and reduce costs to preserve capital as uncertainty over its funding situation continues. Cattles, which specializes in lending to people who cannot ...
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BRUSSELS, Belgium (AP) - EU Commission President Jose Manuel Barroso called Wednesday on European Union governments to approve a euro5 billion ($6.8 billion) stimulus program to upgrade energy and Internet links. Barroso said finance ministers had ...
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SEOUL, South Korea -- North Korean leader Kim Jong Il paid a new year's visit to soldiers from a leading tank unit in his first reported public appearance of 2009, state-run media reported Saturday. The dispatch did not specify the exact location of ...
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Personal Finance - Chicago Tribune
Irrational times call for a rational personal investment strategy. So who better to guide you through the perils of recession than Gail MarksJarvis, the Tribune's personal finance columnist? Her advice is sound. Tune out the hysteria, consider your ...
Senate Finance Committee Chair Expects Economic Stimulus Bill Will ... - Kaisernetwork.org
Senate Finance Committee Chair Max Baucus (D-Mont.) on Tuesday said that the economic stimulus package likely will include subsidies to help recently laid-off workers pay to retain their health insurance through COBRA, the Boston Globe reports ...
UPDATE 2-Enel close to 8 bln euro loan for Endesa stake-bankers - Reuters
LONDON, Jan 7 (Reuters) - Italian utility Enel SpA is in advanced talks with banks to secure a syndicated loan to finance the possible purchase of Acciona's ( ANA.MC ) 25 percent stake in Endesa ( ELE.MC ), two bankers close to the deal said. The ...
Feds Looking at Richardson’s ‘Most Senior and Trusted Aide’ - The Washington Independent.com
Federal prosecutors are asking whether David Contarino, a man Gov. Bill Richardson once described as the “strategic mind” of his administration and “my most senior and trusted aide,” was involved in the alleged pay-to-play scheme that ...
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