SEC Forensics Offer Cautionary Tale to IPOs Considering Self-filing their S-1 "Ringing the Opening Bell" may not be the best time to cut compliance costs with DIY filing portals

NEW YORK, Feb. 21, 2014 /PRNewswire/ -- The journey to become a public company can be a stressful and expensive undertaking.  For small and micro-cap companies, cost-containment is of paramount concern as many of the associated fees can be out of proportion to their actual capital raise amount. This has led a few entrepreneurial minded CEOs to consider a DIY path to move their S-1 though the Securities and Exchange Commission.  

In fact, SEC forensics illustrate that DIY at the IPO stage may actually be a non sequitur and add unnecessary work and fees. Please review the S-1 workflow on this blog post:

http://irblog.prnewswire.com/2014/02/19/diy-an-s-1-filing-brides-should-not-bake-their-own-wedding-cake/

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About Vintage Filings
PR Newswire's Vintage Filings division is a full-service financial filing and printing firm and a leading partner for all your XBRL filing needs. With more than 4,500 public company clients, Vintage is one of the fastest growing compliance firms nationwide. Vintage partners with its clients to provide the knowledge and service necessary to meet the SEC's ever-changing filing regulations. Vintage Filings provides high-quality, cost-effective compliance filings and production services, including EDGAR Filings, typesetting, XBRL tagging, section 16 filings, investment management services, drafting sessions, virtual data rooms (VDR) and more.

Media Contact:
Bradley H. Smith
Director of Marketing, IR and Compliance Services
PR Newswire & Vintage Filings
+1 201.947.7157 bradley.smith@prnewswire.com 

SOURCE PR Newswire Association LLC



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