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What is ePO?
ePO is an online community where investors, who sign up as Members, are connected to emerging growth companies who are seeking to go public. What does ePO do? ePO gives ALL investors the opportunity to purchase IPO shares directly from companies. The Investors (not the company) determine the final pricing of the IPO shares through a Dutch Auction Process (more) ePO’s online site acts as a central meeting place where companies engaged in a Direct Public Offering (DPO) can be introduced to prospective investors like yourself. We seek quality companies to be listed on the site and only allow companies that will be NASDAQ or AMEX qualified IPO’s. ePO provides a level playing field where ALL Investors are treated as equals. The companies that are offering IPO shares on the ePO site have already been approved to sell their securities by the Securities and Exchange Commission (the “SEC”). What ePO does NOT do? ePO is NOT an underwriter. It eliminates the stock brokerage firm (the underwriter) and allows you, the investor, to purchase IPO shares direct from the company. ePO does NOT have a financial interest in any of the companies that choose to use its services. The companies pay a fee to list on the site and a completion fee when they close on their funding. Why would a Company use ePO instead of an underwriter? For the Company, the online process eliminates the middleman, the underwriter or stock brokerage firm. Companies now have the option of offering securities directly to the public, saving them substantial underwriting fees and related costs such as printing and road shows. ePO estimates a Company will save approximately 80% of the total cost of their underwriting fees and expenses by using the ePO site. A $10 million dollar offering would save a company approximately $1.2 million in fees. Many emerging growth companies do not have the opportunity to go public until they have valuations that exceed $500 million. ePO allows a company to go public earlier, usually during a period of explosive growth. The Companies offering securities on the ePO site will be listed on either the AMEX or NASDAQ stock exchanges upon successful completion of their stock offering. The average IPO in the first quarter of 2005 raised $250 million. ePO concentrates on emerging growth companies that are seeking to raise $5 million to $50 million. |