Monthly Archives: January 2013

“I love the smell of retail investors in the morning”

Ahhh…second only to walking up to a pot of hot coffee and fluffy waffles, this morning, we were all greeted with a WSJ front page article reporting that individual investors are actually helping drive the market.

“I love the smell of retail investors in the morning”

Retail investors may not “move the needle” for many companies, but thousands of companies DO depend on the strengths Main Street brings. Regardless, I’ll take any positive sentiment and an uptick in confidence. Apocalypse wow.

Reaching individual investors is an important strategy for many public companies – you can view our ever expanding client list on RetailInvestorConferences.com.

Read information about our comprehensive investor outbound targeting package here.

Have a great day.

Infographic & question #13: Would you/do you invest in a company that does not have an Investor Relations website?

Shareholder communications builds shareholder confidence. Shareholder confidence builds shareholder value. That’s a simple equation. And the results below illustrate that half of investors look for an IR website – even just to affirm “you are real.”

Speaking of IR websites… SALES PITCH ALERT! SALES PITCH ALERT… the impending “absorption” of your Thomson IR website by NASDAQ is a great reason to request an RFP for our IR Room solution.

Infographic & question #13: Would you / do you invest in a public company that does not have an Investor Relations website?

Learn more about all our investor relations services.

Review all the results from all the questions (so far).

Last week’s IPOs and Transactions

There were 51 transactions filed with the SEC last week.

Congratulations to all of our clients and law firms that used our transactions services last week including ARC Realty Finance Trust, Inc., Free Seas, Inc. (NASDAQ) and Toxic Pharmaceuticals Holding Corp. (OTC). We appreciate that they selected to work with us for this important step in their company’s growth and we’re pleased that they found us both accurate and affordable.

TRANSACTIONS_art_blog

Registrant Symbol Form Exchange Advisor / Law Firm
ALLY AUTO ASSETS LLC S-3 Ally Auto Assets LLC
ALLY AUTO ASSETS LLC S-3 Kirkland & Ellis LLP
ALLY AUTO ASSETS LLC S-3 Mayer Brown LLP
ARC REALTY FINANCE TRUST, INC. S-11 Alston & Bird LLP
CANYON MINERALS INC. S-1 Diane D. Dalmy Attorney at Law
CARDINAL FINANCIAL CORP CFNL S-3 Nasdaq Williams Mullen
CELLCEUTIX CORP CTIX S-3 OTC Kane Kessler, P.C.
CENTERSTATE BANKS, INC. CSFL S-3 Nasdaq Smith Mackinnon, PA
CEREPLAST INC CERP S-1 OTC Sichenzia Ross Friedman Ference LLP
COLD CAM, INC. S-1 State Agent & Transfer Syndicate, Inc.
COMMUNITY FINANCIAL SHARES INC CFIS S-1 OTC Kilpatrick Townsend & Stockton LLP
CORONATION MINING CORP. S-1 Diane D. Dalmy Attorney at Law
DANIELS CORPORATE ADVISORY COMPANY, INC. S-1 Norman T. Reynolds Law Firm
DISCOVER FINANCIAL SERVICES DFSPRB S-4 NYSE Sidley Austin LLP
DOLAN CO. DM S-3 NYSE Faegre Baker Daniels LLP
FIRSTHAND TECHNOLOGY VALUE FUND, INC. SVVC N-2 Nasdaq Firsthand Capital Management, Inc.
FIRSTHAND TECHNOLOGY VALUE FUND, INC. SVVC N-2 Nasdaq Paul Hastings LLP
FLEETMATICS GROUP PLC FLTX F-1 NYSE Davis Polk & Wardwell LLP
FLEETMATICS GROUP PLC FLTX F-1 NYSE FleetMatics USA Group Holdings, Inc.
FLEETMATICS GROUP PLC FLTX F-1 NYSE Goodwin Procter LLP
FNB CORP/FL/ FNB S-4 NYSE Patton Boggs LLP
FNB CORP/FL/ FNB S-4 NYSE Reed Smith LLP
FREE SEAS INC. FREE F-1 Nasdaq Sichenzia Ross Friedman Ference LLP
FUELSTREAM INC FLST S-1 OTC Kenneth I. Denos, P.C.
GASPARD MINING INC. S-1 Diane D. Dalmy Attorney at Law
GOODRICH PETROLEUM CORP GDPAN S-3 OTC Vinson & Elkins L.L.P.
HEMISPHERE MEDIA GROUP, INC. S-4 Greenberg Traurig, LLP
HEMISPHERE MEDIA GROUP, INC. S-4 Paul, Weiss, Rifkind, Wharton & Garrison LLP
IMAG GROUP, INC. S-1 RULE144Solution
JEWEL EXPLORATIONS INC. S-1 Diane D. Dalmy Attorney at Law
JMGT STUDIOS SATELLITE TELEVISION NETWORK, LLC. S-1 JMGT Studios Satellite Television Network, LLC.
LAKES ENTERTAINMENT INC LACO S-3 Nasdaq Gray Plant Mooty
LAKES ENTERTAINMENT INC LACO S-3 Nasdaq Lakes Entertainment, Inc.
LAMAR MEDIA CORP/DE S-4 Edwards Wildman Palmer LLP
OCEAN POWER TECHNOLOGIES, INC. OPTT S-3 Nasdaq Drinker Biddle & Reath LLP
OMEGA COMMERCIAL FINANCE CORP OCFN S-1 OTC Legal & Compliance, LLC
PACIFIC GREEN TECHNOLOGIES INC. S-1 Macdonald Tuskey
PANTRY INC PTRY S-4 Nasdaq Smith, Anderson, Blount, Dorsett, Mitchell & Jernigan, L.L.P.
PBF INVESTMENTS LLC S-1 PBF Holding Company LLC
PBF INVESTMENTS LLC S-1 Stroock & Stroock & Lavan LLP
PERFORMANT FINANCIAL CORP PFMT S-1 Nasdaq Kirkland & Ellis LLP
PERFORMANT FINANCIAL CORP PFMT S-1 Nasdaq Pillsbury Winthrop Shaw Pittman LLP
PHARMAGEN, INC. PHRX S-1 OTC Lebrecht Group, APLC
PROVALUE, LLC S-4 Debevoise & Plimpton LLP
PURAMED BIOSCIENCE INC. PMBS S-1 OTC Lucosky Brookman LLP
RECOVERY ENERGY, INC. RECV S-1 Nasdaq Davis Graham & Stubbs LLP
SEVEN ARTS ENTERTAINMENT INC. SAPX S-1 OTC Baker & Hostetler LLP
THERAPEUTICSMD, INC. TXMD S-3 OTC Greenberg Traurig, LLP
THERAPEUTICSMD, INC. TXMD S-3 OTC TherapeuticsMD, Inc.
TONIX PHARMACEUTICALS HOLDING CORP. TNXP S-1 OTC Sichenzia Ross Friedman Ference LLP
TROVAGENE INC. TROVU S-3 Nasdaq Sichenzia Ross Friedman Ference LLP

Have a great day.

XBRL Webinar with Calcbench – featuring their insights on the Columbia Business School report

XBRL connoisseurs were VERY active online yesterday regarding the recent report from the Columbia Business School. If you read the report and the footnotes (not DFN’d), you would have seen that Calcbench (XBRL.US 2012 XBRL Challenge Winner!) contributed some of their insights and experience.

We’re pleased to invite you to a webinar with Calcbench. They’ll share more about how and what they do and offer any of their opinions.  Links below.

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XBRL! It Dices! It Slices! How XBRL can be consumed and modeled by Analysts

A free webinar with Calcbench, XBRL.US 2012 XBRL Challenge Winner!

Calcbench is one of the first data providers to fully harness the power of the new, government mandated data standard called XBRL. This enables you to gain an unprecedented direct line into the SEC corporate financial data repository. As a result, we provide our users a whole new level of detail, faster, and at a much better value than other providers. Financial professionals use the Calcbench web platform or our various APIs for everything from benchmarking, and valuations, to auditing and economic research.

 FEATURED EXPERTS

CalcBench_PNPranav Ghai, MS < Calcbench Co-Founder 

Pranav Ghai is an analytics professional who has built expert systems which interact with information and return actionable ideas. Most of his professional career has been based in financial services, with time spent at Morgan Stanley and ITG. He is also a contributing member to the Microsoft Technical Computing Customer Advisory Board. Pranav graduated with an MS in Applied Mathematics from the Courant Institute at New York University and a BS from Bates College.

CalcBench_AM

 

Ariel Markelevich, Ph.D., CMA > Calcbench Chief Product Development Officer

Ariel Markelevich is an Associate Professor of Accounting at the Sawyer Business School of Suffolk University in Boston, MA. Dr. Markelevich has studied the adoption process and implementation of XBRL in different countries and the benefits of the use of XBRL based information. Dr. Markelevich serves on XBRL US’s Communication Steering Committee and on the IMA’s XBRL Advisory Committee. Dr. Markelevich earned his Ph.D. in Accounting from Baruch College – CUNY and his Master’s degree in Accounting and Finance at Tel-Aviv University in Israel.

This webinar is moderated by: Ron Schechter CPA, XBRL Manager, Vintage Filings

Oh, BTW… please click here to learn about our XBRL solution.

Have a great day.

Put energy into XBRL quality rather than XBRL grumbling

Another article in the Wall Street Journal that highlights the continuing CFO discontent regarding the cost of XBRL v. the benefit.  It’s worth a read.

This dialog bubbled up again this week due to a new report of the state of XBRL, with a focus on its “usefulness and usability for security analysis” from Columbia Business School’s Center for Excellence in Accounting and Security Analysis.

WSJ

Great pro-XBRL perspective comes (via LinkedIn XBRL  groups) from Mike Willis, XBRL denizen and partner at PricewaterhouseCoopers.  We featured Mike last month on an XBRL data quality webinar. 

From Mike in LinkedIn in context to the WSJ:

“Here are the actual recommendations from the Columbia Research paper: Specific recommendations: We believe there are several conditions for XBRL to be widely used:

1. The entire XBRL community must find a way to reduce significantly the error rate and unnecessary extensions (company-specific data tags). Some approaches that might achieve this are: providing greater regulatory oversight, potentially requiring an audit of the data, or requiring filers to resolve the error and quality checks communicated to them by XBRL US.

2. Filers should spend the effort they are investing in attempting to destroy the SEC’s XBRL regulation on improving the quality of their own data, as well as on making their own data more useful and accessible to users.

3. XBRL technology development needs to be taken over and run by technologists, rather than accountants and regulators. An alternate and challenging approach to improving the underlying technology would possibly be to partner with the major business information system vendors (like IBM, Oracle and SAP), the key web-based financial information suppliers (like Google and Yahoo) and possibly even the major data aggregators (Bloomberg, CapitalIQ, FactSet and Thomson Reuters) not only to ensure the necessary mapping to the regulatory use of XBRL is as seamless as possible, but, more importantly, to get them to help improve the XBRL technology overall.

Pretty interesting! and or course wildly different than the WSJ headlines.”

From a vendor perspective, I would say this: we are keenly aware of this cost/value ratio. To that, we have a new program - fleXBRL - that offers clients an XBRL solution that fits their workflow AND pocketbook.  Those are both important considerations.  Learn more here.

Next month we’ll have a webcast showing XBRL in action, Street-side.

Have a great day.

Free guidebook for accounting professionals and law firms: 2013 Proxy Statement Reporting Rules

10kproxybooks2

The third book in the series!

We are pleased to provide you with our annual updated edition of the SEC 2013 Reporting Rules for Proxy Statements.

This publication is an excellent reference source for legal and accounting professionals and corporate executives.

In this publication, we present the rules in a “userfriendly ”format by presenting the portions of Regulation S-K that are referenced in the proxy rules immediately following the Regulation S-K reference, thus making it easier to review the complete disclosure requirements.

In addition, we eliminate many cumbersome citations and provide “”plain English”” rule references.

  • FREE!
  • 300 pages
  • Up-to-date for 2013 including VERY VERY VERY in-depth information
  • Detailed table-of-contents for quick reference

Click here to request your hardcopy guidebook. 

Click image below to view Table of Contents.

2013 Reporting Rules pROXY mATERIALS

Have a great day.

Last week’s IPOs and Transactions

There were 55 transactions filed with the SEC last week.

Congratulations to all of our clients and law firms that used our transactions services last week including Panther Motor Group, Inc., Labstyle Innovations Corp., and Cordia Bancorp, Inc. We appreciate that they selected to work with us for this important step in their company’s growth and we’re pleased that they found us both accurate and affordable.

TRANSACTIONS_art_blog

Registrant Symbol Form Exchange Advisor / Law firm
ALCOBRA LTD. F-1 Troutman Sanders LLP
ALCOBRA LTD. F-1 Zysman, Aharoni, Gayer and Sullivan & Worcester LLP
ALCOBRA LTD. F-1 Zysman, Aharoni, Gayer & Co.
AXIOM CORP. S-1 National Registered Agents, Inc.
BLACKSTONE ALTERNATIVE ALPHA FUND II N-2 Ropes & Gray LLP
BONANZA CREEK ENERGY, INC. BCEI S-3 NYSE Mayer Brown LLP
BRE SELECT HOTELS CORP S-4 McGuireWoods LLP
BRE SELECT HOTELS CORP S-4 Simpson Thacher & Bartlett LLP
CEL SCI CORP CVM S-3 NYSE Hart & Trinen
CHUY’S HOLDINGS, INC. CHUY S-1 Nasdaq Latham & Watkins LLP
CHUY’S HOLDINGS, INC. CHUY S-1 Nasdaq Jones Day
CORDIA BANCORP INC S-4 Kilpatrick Townsend & Stockton LLP
CROWN CASTLE INTERNATIONAL CORP CCI S-4 NYSE Crown Castle International Corp.
CROWN CASTLE INTERNATIONAL CORP CCI S-4 NYSE Cravath, Swaine & Moore LLP
CURRENCYSHARES BRITISH POUND STERLING TRUST FXB S-3 NYSE Foley & Lardner LLP
DOUBLELINE INCOME SOLUTIONS FUND N-2 Ropes & Gray LLP
DUNE ENERGY INC DUNR S-1 OTC DLA Piper LLP
EAUKER MINERALS CORP. S-1 Anthony Giordano Law
EZCORP INC EZPW S-3 Nasdaq Vinson & Elkins L.L.P.
FIFTH & PACIFIC COMPANIES, INC. FNP S-4 NYSE Paul, Weiss, Rifkind, Wharton & Garrison LLP
FIFTH STREET FINANCE CORP FSC N-2 Nasdaq Sutherland Asbill & Brennan LLP
FIVE BELOW, INC FIVE S-1 Nasdaq Pepper Hamilton LLP
FIVE BELOW, INC FIVE S-1 Nasdaq Sullivan & Cromwell LLP
GAMCO GLOBAL GOLD, NATURAL RESOURCES & INCOME TRUST BY GABELLI GGN.PR.A N-2 NYSE GAMCO Global Gold, Natural Resources & Income Trust by Gabelli
GAMCO GLOBAL GOLD, NATURAL RESOURCES & INCOME TRUST BY GABELLI GGN.PR.A N-2 NYSE Skadden, Arps, Slate, Meagher & Flom LLP
GELIA GROUP, CORP. S-1 Horwitz, Cron & Armstrong, LLP
GRAYSTONE CO GYST S-1 OTC The Graystone Company, Inc.
GRIFFIN-AMERICAN HEALTHCARE REIT III, INC. S-11 Morris, Manning & Martin, LLP
GRIFFIN-AMERICAN HEALTHCARE REIT III, INC. S-11 Baker, Donelson, Bearman, Caldwell and Berkowitz, PC
IMATION CORP IMN S-3 NYSE Dorsey & Whitney LLP
IRELAND INC. IRLD S-3 OTC Northwest Law Group
IRONWOOD INSTITUTIONAL MULTI-STRATEGY FUND LLC N-2 Ironwood Capital Management Corporation
IRONWOOD INSTITUTIONAL MULTI-STRATEGY FUND LLC N-2 Shearman & Sterling LLP
LABSTYLE INNOVATIONS CORP. S-1 Ellenoff Grossman & Schole LLP
LOLLIPOP CORP S-1 Law Offices of Jonathan D. Strum
MAGNEGAS CORP MNGA S-3 Nasdaq Anslow & Jaclin, LLP
MAGNUM HUNTER PRODUCTION INC S-4 Magnum Hunter Production, Inc.
MARKWEST ENERGY PARTNERS L P MWE S-3 NYSE Vinson & Elkins L.L.P.
MEI PHARMA, INC. MEIP S-3 Nasdaq Morgan, Lewis & Bockius LLP
NEOGENOMICS INC NEO S-3 Nasdaq K&L Gates LLP
NEW YORK MORTGAGE TRUST INC NYMT S-3 Nasdaq Hunton & Williams LLP
NUSTATE ENERGY HOLDINGS, INC. NSEH 10-12G OTC NuState Energy Holdings, Inc.
PANTHER MOTOR GROUP, INC S-1 Anslow & Jaclin, LLP
PBF INVESTMENTS LLC S-4 PBF Energy Inc.
PBF INVESTMENTS LLC S-4 Stroock & Stroock & Lavan LLP
PERNIX THERAPEUTICS HOLDINGS, INC. PTX S-3 NYSE Jones, Walker, Waechter, Poitevent, Carrère & Denègre, L.L.P.
PLUG POWER INC PLUG S-1 Nasdaq Goodwin Procter LLP
PLUG POWER INC PLUG S-1 Nasdaq Lowenstein Sandler LLP
PLUG POWER INC PLUG S-1 Nasdaq Plug Power Inc.
RADIAN GROUP INC RDN S-4 NYSE Drinker Biddle & Reath LLP
RED MOUNTAIN RESOURCES, INC. RDMP S-3 OTC Akin Gump Strauss Hauer & Feld LLP
TWENTYFOUR/SEVEN VENTURES, INC. S-1 J.M. Walker & Associates
UMH PROPERTIES, INC. UMH S-3 NYSE Stroock & Stroock & Lavan LLP
YADKIN VALLEY FINANCIAL CORP YAVY S-1 Nasdaq Nelson Mullins Riley & Scarborough LLP
ZEP INC. ZEP S-3 NYSE Hunton & Williams LLP

Have a great day.

Free guidebook for accounting professionals and law firms: 2013 10-K, 10-Q & 8-K Reporting Rules

10kproxybooksThe second book in the series!

We are pleased to provide you with our annual updated edition of the SEC 2013 Reporting Rules for Forms 10-K, 10-Q and 8-K.

This publication is an excellent reference source for legal and accounting professionals and corporate executives.

In this publication, we present the rules in a “user-friendly” format by presenting the portions of Regulation S-K that are referenced in Forms 10-K, 10-Q and 8-K within the text of the relevant Form immediately following the reference to Regulation S-K, thus making it easier to review the complete disclosure requirements.

In addition, we eliminate many cumbersome citations and provide “”plain English”” rule references.

  • FREE!
  • 350 pages
  • Up-to-date for 2013 including VERY VERY VERY in-depth information
  • Detailed table-of-contents for quick reference

Click here to request your hardcopy guidebook. 

Click image below to view Table of Contents.

Table of Contents: 10-k, 10-Q and 8-L

Have a great day.

Request our Annual Report printing samples (for your RFP due diligence)

WATCH OUT! Annual report season is back – and once again, we’re helping our clients keep their expenses in check. Printing should not be a big bite out of your budget.

As you’ll see in the cheeky little video above, we do (literally) tons of annual report printing. How many financial printers do you get competitive quotes from? For your RFP due diligence, we would like to bid your 2012 annual report. 

The first step is to request samples of our work here. Touch the quality of our work. Also, you’ll see our infographic on what investors prefer regarding annual reports.

Have a great day.

Infographic & question #12: Where do you regularly view stock price charts and graphs?

As you’ll read below, investors research stock price EVERYWHERE.  Well, everywhere except your investor relations website it seems.

And rightly so. Stock price is a commodity data point. Your IR website needs to deliver unique content about your company to your investors — and now, we believe it must deliver unique content BACK to your IR department using the practices of content marketing. That’s what our new IR Room platform is all about. Read more here. 

BTW, while we’re on the topic… the impending “absorption” of your Thomson IR website by NASDAQ is a great reason to look at our IR Room solution.  (I may be a bit biased on that point)

Where do you regularly view stock price charts and graphs?

Learn more about all our investor relations services.

Review all the results from all the questions (so far).