| "Our mission is to provide professional services with uncompromising integrity and efficiency" Don Williams CEO. |
| Private Placement Companies seeking venture capital for start-up or expansion may choose to offer a private placement for subscription to investors. A private placement memorandum / prospectus is a complex legal document that should always be submitted to a qualified attorney for review. However, there are several qualified consulting firms that can prepare the PPM for you and save you anywhere from 30% - 70% on preparation costs if an attorney were to prepare it. If your goal is to raise venture capital, and you have a PPM written, you are moving in the right direction. It is now time to “shop” the project. Who will act as agent for the issuer? You have only two choices. You can sell the stock yourself, through full time employees; or you can hire a licensed securities firm or broker to do it for you. It will be a very slow and tedious task to have your employees attempt to raise the venture capital for you. Also, there are so many compliance laws involved in the sale of a security, you may not want to leave this responsibility to them which could leave you liable. You could hire a licensed securities broker or firm to underwrite the offering. This is the preferred method of choice. Registered and licensed broker-dealers already have a large portfolio of suitable investors. With hundreds of millions of dollars under management, the right securities firm could underwrite your offering by themselves or cooperatively with one or more partners. Reputable securities firms have compliance officers that make sure everything about the sale is within the legal requirements of the State and U.S. Governmental regulatory agencies. All securities firms are not created equal. At Willibros Inc., our network of firms are ethical, hardworking and earnest. We will submit your private placement memorandum / prospectus to the securities firm best suited for your needs. Copyright (C) 2007 All Rights Reserved Willibros Inc. |