IPO Rocket.com

Loree asks:

We are a small biz. We have about 20 employees. Sales are about $2,500,000 a year.

Looking to expand. We have about $300,000 in loans and another $300,000 in working capital. We have already used up all our credit towards loans. We have bank loans, private investors, etc.

I am looking for another source of funding for some start up projects. I cant seem to find any other investors locally (perhaps i don’t know where to look) and the bank won’t loan anymore. I thought about going the route of IPO but, i don’t know if we are big enough, how costly this is, and if i can even do so since i have so much credit right now.

Santana asks:

(China Econominc Net, Jul 19, 2006)China’s biggest state-owned commercial bank, ICBC, has received approval for an initial public offering, the country’s top bank regulator said Tuesday, following reports the deal could raise up to US$14 billion (euro11.17 billion).
Industrial & Commercial Bank of China’s IPO “has been officially approved,” said Liu Mingkang, chairman of the China Banking Regulatory Commission, quoted by the official Xinhua News Agency.

The report didn’t say when or where the IPO would take place or how much money it was intended to raise. But earlier reports said ICBC wants to raise as much as US$14 billion (euro11.17 billion) with a simultaneous offering on stock exchanges in Hong Kong and Shanghai.

With a successful IPO, ICBC would join other Chinese state-owned banks that have raised billions of dollars from investors in a massive industry overhaul as Beijing prepares to open their

http://www.zoomchina.com.cn/index.php?/content/view/9735/1/

Asuncion asks:

reliance issue ipo and also shara