Wednesday, August 08, 2007

ValueRich

ValueRich is a recent low-priced IPO. With the additional overhead for reporting and auditing of public companies, was the little money raised worth the future regulatory headaches?

West Palm Beach, FL-based ValueRich has raised $5.7M in an IPO and is trading tomorrow on the American Stock Exchange as IVA. The company published a financial industry magazine, publishes a web site devoted to small cap stocks, IPOs and the like.

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