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Shell IPOs


I just read an article in a recent issue of BusinessWeek on the proliferation of Shell IPOs

(heres a link describing what are Shell IPOs: www.siebertnet.com )

Any comments on this ?
 

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Login to find out (June 8, 2005 at 12:35am)
Normal IPO when it is done through an investment bank costs about 2 million whereas reverse listing or shell ipo costs somewhere around 750,000. I don't know if 1.25 million of savings is worth the trouble if you are planning to take advantage of all the benefits of going public.