Dynasty Resources is your gateway to business in China. Through partnerships with top companies, each specializing in a unique area of China business, Dynasty provides quality services that help you enter the most exciting market on earth. The need to raise capital often times accompanies the desire for a public status. Its shareholders, even if small in number, support the target merging in whereas legacy shell shareholders’ reactions to a proposed transaction can be unpredictable.

A legacy shell can, however, be valuable in several situations. First, if a company desires to apply to Nasdaq or the American Stock Exchange immediately following a reverse merger, the legacy shell could provide sufficient shareholders to qualify for a listing, whereas virgin shells typically do not. One exception to this is WestPark Capital’s WRASP structure, which is a way to work from a virgin shell directly to the AMEX.

Legacy shells also can be valuable where PIPE investors insist on being able to mark their investment to market every day. The lack of trading for several months following a virgin shell merger would not work for this type of investor. In a merger where there is no concurrent imminent financing, a shell may indeed be unnecessary. But anytime there is a contemporaneous PIPE or other financing, a virgin shell can be a very efficient vehicle.

There are absolutely situations china reverse mergers where a self-filing or legacy shell makes sense, but there are just as many others where a totally clean, AMEX and SEC-favored virgin shell can put a company on the fast track to public status. Please visit online www.dynastyresources.net in NewYork city.