Here are five golden rules for specialists seeking to maintain an orderly market. 1. NEVER discourage a shareholder from selling their stock. If you succeed, you are only delaying sale until your share price is higher. 2. NEVER advise anyone to buy your stock. Let buyers make their own decisions. Your job is to help them buy stock at current price. 3. Communicate regularly with your shareholders. Keep your shareholders informed. BUT, understate positive events and overstate negative events about your company. 4. Use your shareholder newsletter to regularly remind your shareholders of your help with selling or buying your company's shares. 5. NEVER call a potential buyer. Let them call you.

The SEC should change its rules to help specialists. Changes would allow public companies to act more effectively in ensuring an orderly market in their stock. Unfortunately any rule change that would benefit a responsible specialist would benefit a crook. The crook would use rule change to steal from public and destroy public company. At present, crooks seem to have enough going for them. They don't need more regulatory help to bilk public.

To contact author: Visit Beowulf Investments website: [http://home.earthlink.net/~beowulfinvestments/] Or, visit Global Village Investment Club Website: [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]

I stress legal sellers, because there's no shortage of "Finders" willing to hunt investors. The "Finders" should talk to their attorney. They would learn that they can't act as a financial broker without being licensed. Part of license requirement is that you are a member of NASD. The reason that "Finders" rarely have a regulatory problem is they rarely find a speculator to investor in a RegD/SCOR offering. Over past 20 years, I've seen hundreds of "Finders" come and go. They try to raise money for a year or two. They fail. They disappear. Someone else thinks that they can make money as a "Finder." It's a procession that goes nowhere.

Raising risk capital is a dangerous business. If you don't do it right, and something goes wrong, you may spend over one million dollars on legal fees. If I were seeking money for a private company, I wouldn't waste time and money on a RegD/SCOR offering.

My advice is create cashflow. Does your group have a limited budget? Do a turnaround to have cashflow. Take your company public via a spinoff. Strengthen your share price and use your strong share price to buy cash-producing assets. In a few years, seek to sell your company at Market Capitalization. It's only formula that works well. It will work as long as we have a Bull Stock Market. This Bull will pass. Start now or suffer in Bear Market that must follow. This is your golden opportunity for success. If you don't grab your brass ring soon, you probably won't get another chance in your lifetime.

To contact author: Visit Beowulf Investments website: [http://home.earthlink.net/~beowulfinvestments/] Or, visit Global Village Investment Club Website: [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]