Coral Capital Partners details the history and the outcome of its litigation with Sun River Energy, Inc. Civil Action No. 11-CV-00198-MSK-MEH In early 2011 Sun River Energy attempted to prevent us from selling shares of its common stock we were legally issued and entitled to sell. This litigation should have been a simple issue regarding UCC 8-403 to be decided by the court. However, Sun River Energy struck first with numerous frivolous and meritless claims, and we feel compelled to set the record straight.
Author: coralcapital
Erik Nelson is the co-founder and President of Coral Capital Partners, Inc. an Atlanta based consulting and advisory services firm. Coral Capital Partners was founded in 1995 and has been providing consulting services to both privately held and publicly traded companies since its inception. Mr. Nelson has served as an officer and director of numerous publicly traded companies in various capacities as part of the services provided by Coral Capital Partners to its clients. Mr. Nelson is a graduate of the University of Colorado.
Restructuring a Micro-Cap Company
Many sharp investors have learned the benefits of reading through a company’s annual and quarterly reports, as well as other public filings. It is not uncommon to come across a company with what seams to be very promising products or technology that is trading at a deep discount to what its perceived valuation should be. For sharp investors, selecting the right company to invest in can be very rewarding. However it is very important to know what type of company you are looking at. Is this a growth company, where new products and services could lead to a significant increase in sales and profitability? Or is it a turnaround/restructuring situation? It is important to know the difference between the two types as they require a different form of analysis. In this article we will take a look at evaluating a micro-cap company as a turnaround or restructuring situation as a potential investment. Our focus is going to be on those micro-cap companies that are generating revenue.
FINRA Rule 5123 – Private Placement Filing Requirements
Coral Capital Partners takes a look at recent FINRA Regulatory Notice 12-40 and the underlying FINRA Rule 5123, which requires broker/dealers that participate in the private offerings of issuer securities to file a copy of the private placement memorandum and other offering documents with FIRNA. We also look at the exemptions to this requirement, and were we see areas of risk for broker/dealers participating in private placements. We also look at how we see this tying in with FINRA Regulatory Notice 10-22.