Conversation with Securities Lawyer Michael Williams

Michael Williams recently helped Indoor Harvest go public via the S-1 process. In our conversation, he explains why he has long been skeptical of reverse mergers. A few takeaways that I had:

  • It is important to understand the history of a company prior to a reverse merger and to know about the stockholders beyond insiders
  • This is impossible to do with companies that don't file with the SEC
  • The SEC has taken unprecedented action by not providing notices of effectiveness to cannabis-related companies
  • It is next to impossible to clear FINRA and become relisted after SEC suspension (i.e. CANN)

Michael's website is www.gopublicdirect.com, and you can see his work history via LinkedIn. He has published a book recently (email him at Michael@gopublicdirect.com for a discount). He also has volunteered to answer questions that listeners to this recording may have.

Posted to Benzinga PotProfits on Feb 08, 2015 — 9:02 PM
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