New York, New York – May 1, 2005 – Sichenzia Ross Friedman Ference LLP has been credited with representing issuers in over $75 million of PIPEs transactions, with an average of 4.18 million, year to date and has been ranked first in the nation. The Firm has continuously been ranked first in representing issuers in PIPEs transactions during 2004 and 2005. The ranking was measured by the number of placements advised according to The PIPEs Report and Privateraise.com, Sichenzia Ross Friedman Ference LLP has advised its publicly traded clients on 18 placements with a total of $75.2 million having been raised in these transactions. The rankings include only PIPE transactions that have a value of at least $1.0 million.
The Firm, has also acquired the domain name www.pipeslawyer.com www.pipestransactions.com and www.pipesfinancings.com which all link directly to the firms website. The Firm is also changing its primary domain name to www.srff.com.
For more information about PIPE rankings, go to www.privateraise.com.
About Sichenzia Ross Friedman Ference LLP
Sichenzia Ross Friedman Ference LLP provides experienced professional representation in all matters involving the securities industry as well as general corporate and litigation matters. Our clients range from start-ups to established, listed companies. They include private and public corporations, partnerships, broker-dealers, bank-affiliated broker-dealers, investment advisors, registered personnel, public and corporate customers and investors, partnerships and other entities. We also advise institutional investors on transactions involving complex securities law considerations. Our areas of expertise include corporate and commercial transactions, securities litigation, and arbitration, administrative practice before regulatory agencies, mergers and acquisitions and broker-dealer regulation. For additional information about Sichenzia Ross Friedman Ference’s nationally ranked PIPEs practice, go to www.srff.com
New York, New York – May 1, 2005 – New York, New York. Sichenzia Ross Friedman Ference LLP today announced the addition of three partners, Richard Babnick, Jr., Darrin M. Ocasio, and Sameer Rastogi..
Mr. Babnick , who joined Sichenzia Ross Friedman and Ference LLP in 1999 represents business entities, officers and directors, shareholders and individuals in state and federal court proceedings, as well as broker-dealers and registered persons in investigations and administrative proceedings before the U. S. Securities and Exchange Commissions, self-regulatory organizations and state securities regulators.
Mr. Ocasio is a Corporate and Securities Attorney working on behalf of public and private companies across a diverse array of maters including more than 100 private investments in public equity financing transactions (including filing with the Securities and Exchange Commission of the resale registration statements required in such PIPEs transactions), numerous public offerings and various compliance issues with they Securities Act of 1933 and the Securities Exchange Act of 1934.
Mr. Rastogi, specializes in Securities, Business and General Commercial Litigation. His practice involves representing broker-dealers, associated persons, customers, corporations, individuals and shareholders in a wide array of matters including securities transactions, business contracts and arbitrations. He practices in the firms Broker-Dealer Regulation department.
Sichenzia Ross Friedman Ference LLP has been ranked first in the nation in representing issuers in PIPEs transactions, by the number of placements advised, for the calendar year 2004 and through year to date in 2005. As well as eleventh in total dollars raised though May 1, 2005. According to The PIPEs Report and Privateraise.com, Sichenzia Ross Friedman Ference LLP has advised its publicly traded clients on 18 placements for this calendar with a total of $75,200 million having been raised in these transactions.
New York, New York – February 1, 2005 – New York, New York. Sichenzia Ross Friedman Ference LLP today announced the addition of three partners, Andrea Cataneo, Jeffery J. Fessler, and Jay R. McDaniel.
Ms. Cataneo, who represents private and public companies with an emphasis in structuring business combinations and assists growing companies in capital raising efforts through private and public offerings and secured and unsecured private equity financing transactions (PIPEs), joined the firm after maintaining her own practice for 5 years.
Mr. Fessler, who focuses on the representation of public and private companies, principally in the biotechnology industry, joined the Firm from Sills Cummus Epstein & Gross PC,
Mr. McDaniel, who counsels privately and publicly held clients on a variety of business issues, including state and federal securities law, corporate governance and general business law, joined the Firm from Porzio Bromberg & Newman, PC.
Sichenzia Ross Friedman Ference LLP has been ranked first in the nation in representing issuers in PIPEs transactions, by the number of placements advised, for the calendar year 2004. According to The PIPEs Report and Privateraise.com, Sichenzia Ross Friedman Ference LLP has advised its publicly traded clients on 39 placements for the calendar year ended December 31, 2004 with a total of $154.95 million having been raised in these transactions.
About Sichenzia Ross Friedman Ference LLP
Sichenzia Ross Friedman Ference LLP, which maintains its offices in New York City and is comprised of 20 attorneys, provides experienced professional representation in all matters involving the securities industry as well as general corporate and litigation matters. Our clients range from start-ups to established, listed companies. They include private and public corporations, partnerships, broker-dealers, bank-affiliated broker-dealers, investment advisors, registered personnel, public and corporate customers and investors, partnerships and other entities. We also advise institutional investors on transactions involving complex securities law considerations. Our areas of expertise include corporate and commercial transactions, securities litigation, and arbitration, administrative practice before regulatory agencies, mergers and acquisitions and broker-dealer regulation. For additional information about Sichenzia Ross Friedman Ference’s nationally ranked PIPEs practice, go to www.srff.com. The Firm also maintains the domain names www.pipeslawyer.com, www.pipestransactions.com, www.pipesfinancing.com and www.wallstreetlawyers.com, which all link directly to the firms website.
New York, NY- February 3, 2005- Sichenzia Ross Friedman Ference LLP advised more issuers on private investment in public equity (PIPE) placements in 2004 than any other law firm nationwide, according to The PIPEs Report 2004 Year in Review (01/15/2005). In 2004, Sichenzia Ross Friedman Ference advised 39 issuers on PIPE placements- nearly double any other law firm, with a total value of more than $154.95 million.
According to the report, the PIPE market expanded and matured in 2004, with 1,713 transactions having been consummated, representing a 30% increase over the 1,327 deals closed in 2003. Of these deals, 91%, or 1,542 transactions, were completed in companies with market caps of less than $250 million, and in excess of 75%, or 1,216 transactions, were completed in companies with market caps of less than $100 million. These statistics demonstrate that PIPEs financing have become the mainstay of small capitalization companies. Sichenzia Ross Friedman Ference LLP, which represents more than 75 companies in this market sector, filed more than 70 registration statements for clients in 2004 and has one of the most active securities departments in the United States – a position which sealed this #1 ranking.
“This firm’s leadership in the PIPEs market is largely attributable to the depth and breadth of our public company client base, which has a constant need for capital to execute their business plans, as well as the expeditious and effective manner in which the firm handles these transactions and the subsequent registration statements,” said Thomas Rose, managing partner of the Firms securities practice. “Investors are sitting on a lot of money and see attractive valuations for these companies that have been ignored by other more traditional sources of capital. This form of financing is also relatively fast, efficient and attractive to the issuer as well. There were $20 billion dollars in PIPEs transactions in 2004 and from what we’re seeing, there’s every reason to be optimistic about the industry’s growth as we move into the new year.”
The Firm, which is a Premier Sponsor for The 4th Annual Industry Summit on PIPEs to be held on February 28, 2005 at The Princeton Club, will be sponsoring a Q&A panel discussion on February 28, 2005 at 4:00 p.m. regarding Investing in Micro Cap companies.
About Sichenzia Ross Friedman Ference LLP
Sichenzia Ross Friedman Ference LLP provides experienced professional representation in all matters involving the securities industry as well as general corporate and litigation matters. Our clients range from start-ups to established, listed companies. They include private and public corporations, partnerships, broker-dealers, bank-affiliated broker-dealers, investment advisors, registered personnel, public and corporate customers and investors, partnerships and other entities. We also advise institutional investors on transactions involving complex securities law considerations. Our areas of expertise include corporate and commercial transactions, securities litigation, and arbitration, administrative practice before regulatory agencies, mergers and acquisitions and broker-dealer regulation. For additional information about Sichenzia Ross Friedman Ference’s nationally ranked PIPEs practice, go to www.srff.com.
Sichenzia Ross Friedman Ference LLP Partner Gregory Sichenzia was quoted in the cover feature of the December 1 issue of The PIPEs Report which provided a discussion about the uncertain regulatory status of “finders” who arrange private offerings by introducing issuers to potential investors.
This issue was raised for the second straight year by the participants in the SEC’s annual Government-Business Forum on Small Business Capital Formation that was held in September 2004. At the Forum, the attendees made their concerns about finders a central issue and urged the SEC to address and clarify the regulatory status of these persons. They further suggested that the SEC staff should focus on whether to create an exemption from broker-dealer registration requirements or instead issue a new regulation that would allow finders to register with the SEC under a simplified format.
When asked about the role of finders and the proper manner in which the SEC should address this issue, Mr. Sichenzia noted that while issuers had a practical need for finders, there was certainly a justification for some kind of regulation and oversight of these persons. Mr. Sichenzia further analyzed the need for finders and the potential benefit and burden to the issuers that employ finders. He stressed that “Finders can be a blessing or a curse” and emphasized that the more reputable finders “would not mind being regulated [while regulation] may flush out some of the bad ones.”
According to The PIPEs Report and Privateraise.com, at December 1, 2004, Sichenzia Ross Friedman Ference LLP has represented public issuers in 32 PIPE transactions totaling $112.4 million. The Firm has continuously been ranked first in the nation in representing issuers in PIPEs transactions since the period ended June 30, 2004.
About Sichenzia Ross Friedman Ference LLP
Sichenzia Ross Friedman Ference LLP provides experienced professional representation in all matters involving the securities industry as well as general corporate and litigation matters. Our clients range from start-ups to established, listed companies. They include private and public corporations, partnerships, broker-dealers, bank-affiliated broker-dealers, investment advisors, registered personnel, public and corporate customers and investors, partnerships and other entities. We also advise institutional investors on transactions involving complex securities law considerations. Our areas of expertise include corporate and commercial transactions, securities litigation, and arbitration, administrative practice before regulatory agencies, mergers and acquisitions and broker-dealer regulation. For additional information about Sichenzia Ross Friedman Ference’s nationally ranked PIPEs practice, go to www.srffllp.com.
New York, New York – November 17 2004 – Sichenzia Ross Friedman Ference LLP has been credited with representing issuers in over $100 million of Pipes transactions year to date and has been ranked first in the nation in representing issuers in PIPEs transactions for the period ended November 15, 2004. The Firm has continuously been ranked first in the nation in representing issuers in PIPEs transactions since the period ended June 30, 2004. The ranking was measured by the number of placements advised. According to The PIPEs Report and Privateraise.com, Sichenzia Ross Friedman Ference LLP has advised its publicly traded clients on 30 placements through November 15, 2004 with a total of $101.08 million having been raised in these transactions. The rankings include only PIPE transactions that have a value of at least $1.0 million.
The Firm, has also acquired the domain name www.pipeslawyer.com www.pipestransactions.com and www.pipesfinancings.com which all link directly to the firms website. The Firm is also changing its primary domain name to www.srff.com.
For more information about PIPE rankings, go to www.privateraise.com.
About Sichenzia Ross Friedman Ference LLP
Sichenzia Ross Friedman Ference LLP provides experienced professional representation in all matters involving the securities industry as well as general corporate and litigation matters. Our clients range from start-ups to established, listed companies. They include private and public corporations, partnerships, broker-dealers, bank-affiliated broker-dealers, investment advisors, registered personnel, public and corporate customers and investors, partnerships and other entities. We also advise institutional investors on transactions involving complex securities law considerations. Our areas of expertise include corporate and commercial transactions, securities litigation, and arbitration, administrative practice before regulatory agencies, mergers and acquisitions and broker-dealer regulation. For additional information about Sichenzia Ross Friedman Ference’s nationally ranked PIPEs practice, go to www.srffllp.com.
New York, New York – October 7, 2004 – Sichenzia Ross Friedman Ference LLP has been ranked first in the nation in representing issuers in PIPEs transactions for the nine-month period ended September 30, 2004. The Firm has continuously been ranked first in the nation in representing issuers in PIPEs transactions since the period ended June 30, 2004. The ranking was measured by the number of placements advised. According to The PIPEs Report and Privateraise.com, Sichenzia Ross Friedman Ference LLP has advised its issuer clients on 21 placements through September 30, 2004 with a total of $57.19 million having been raised in these transactions. The rankings include only PIPE transactions that have a value of at least $1.0 million.
The Firm, which is a Premier Sponsor for The PIPEs Conference to be held on October 13-14, 2004 at the New York Marriott Marquis, will be sponsoring a Q&A panel discussion on October 13 2004 at 2:00pm regarding Investing in Micro-cap companies.
For more information about PIPE rankings, go to www.privateraise.com.
About Sichenzia Ross Friedman Ference LLP
Sichenzia Ross Friedman Ference LLP provides experienced professional representation in all matters involving the securities industry as well as general corporate and litigation matters. Our clients range from start-ups to established, listed companies. They include private and public corporations, partnerships, broker-dealers, bank-affiliated broker-dealers, investment advisors, registered personnel, public and corporate customers and investors, partnerships and other entities. We also advise institutional investors on transactions involving complex securities law considerations. Our areas of expertise include corporate and commercial transactions, securities litigation, and arbitration, administrative practice before regulatory agencies, mergers and acquisitions and broker-dealer regulation. For additional information about Sichenzia Ross Friedman Ference’s nationally ranked PIPEs practice, go to www.srffllp.com.
SARASOTA, Fla.–(BUSINESS WIRE)–Aug. 12, 2004–Infinium Labs (OTCBB:IFLB – News) has hired New York-based law firm Sichenzia Ross Friedman Ference LLP (SRFF) as its primary corporate and securities counsel. SRFF will advise Infinium on various matters, including reporting and compliance with the Securities Exchange Act of 1934 and institutional funding contracts.
The Infinium management team selected SRFF over undisclosed competitors because of the firm’s depth of knowledge on securities matters, emphasis on customer service and proximity to Wall Street.
Infinium executives also chose the law firm for its extensive experience working with companies similar in size and stage of business to Infinium.
SRFF’s Corporate and Securities Group advises small to medium sized companies in connection with public offerings and private placement transactions. It also assists clients with their compliance with on-going reporting requirements under the Securities Exchange Act of 1934 and other disclosure obligations, as well as with exchange listing matters.
Sichenzia Ross Friedman Ference LLP has been ranked first in the nation by The PIPEs Report and Privateraise.com in representing issuers in PIPE transactions for the seven-month period ended July 31, 2004. The ranking was measured by the number of placements advised.
Infinium Labs retains two other law firms for corporate and securities counsel in addition to SRFF.
About Infinium Labs
Infinium Labs was founded by a management team with extensive experience in interactive media, entertainment, broadband services and technology. The company is set to launch a cutting edge online gaming service in the fourth quarter of 2004. The Phantom Gaming Service will be delivered online over any broadband network and offer a broad library of games designed to appeal to the avid gamer as well as the casual player. For more information, please visit www.phantom.net.
About Sichenzia Ross Friedman Ference LLP
Sichenzia Ross Friedman Ference LLP provides experienced professional representation in all matters involving the securities industry as well as general corporate and litigation matters. Traditionally, the firm’s clients include private and public corporations, partnerships, broker/dealers, bank-affiliated broker/dealers, investment advisers, and registered personnel, public and corporate customers and investors, partnerships and other entities. Sichenzia Ross Friedman Ference’s areas of practice include corporate and commercial transactions, securities litigation and arbitration, public and private offerings, commercial and business litigation, administrative practice before regulatory agencies, mergers and acquisitions and broker-dealer regulation. For additional information about Sichenzia Ross Friedman
New York City, NY – August 10, 2004 – Sichenzia Ross Friedman Ference LLP has secured a Premier Sponsorship for The PIPEs Conference to be held on October 13-14, 2004 at the New York Marriott Marquis. The Firm will be sponsoring a Q&A panel discussion on the first day of the Conference regarding Investing in Micro-cap companies.
The PIPEs Conference, which is attended by hedge fund managers, investment bankers, corporate attorneys, company executives, venture capitalists, financial analysts, and other professionals, is a is a CLE-accredited two-day event brought to you by The PIPEs Report. The conference features discussions and workshops on the issues that affect the business of private investments in public equity, including the following:
• Targets for Direct Investment
• Deal Structures & Strategies
• Asset Allocation for LPs
• Legal & Regulatory Issues
• Investment Trends
• Finding & Evaluating Deals
To register for The PIPEs Conference 2004, please visit www.thepipesconference.com.
About Sichenzia Ross Friedman Ference LLP
Sichenzia Ross Friedman Ference LLP provides experienced professional representation in all matters involving the securities industry as well as general corporate and litigation matters. Traditionally, our clients include private and public corporations, partnerships, broker/dealers, bank-affiliated broker/dealers, investment advisers, and registered personnel, public and corporate customers and investors, partnerships and other entities. Our areas of practice include corporate and commercial transactions, securities litigation and arbitration, public and private offerings, commercial and business litigation, administrative practice before regulatory agencies, mergers and acquisitions and broker-dealer regulation.
For additional information about Sichenzia Ross Friedman Ference’s PIPEs practice, which has been ranked first in the nation by The PIPEs Report in representing issuers in PIPEs transactions for the seven-month period ended July 31, 2004, visit www.srffllp.com.
New York City – July 27, 2004 – Sichenzia Ross Friedman Ference LLP has been ranked first in the nation in representing issuers in PIPEs transactions for the six-month period ended June 30, 2004. The ranking was measured by the number of placements advised. According to The PIPEs Report and Privateraise, Sichenzia Ross Friedman Ference LLP has advised its issuer clients on 14 placements through June 30, 2004 with a total of $40.4 million having been raised in these transactions. The rankings include only PIPE transactions that have a value of at least $1.0 million.
During 2004, Sichenzia Ross Friedman Ference LLP has represented its issuer clients in numerous PIPE transactions, including the following:
1/9/2004
eMagin Corporation
$4.2 million
1/19/2004
Global Axcess Corp.
$2.5 million
1/29/2004
Global Axcess Corp.
$3.5 million
1/30/2004
Geopharma, Inc.
$5 million
2/1/2004
Tissera, Inc.
$2.2 million
2/4/2004
Molecular Diagnostics, Inc.
$1.7 million
2/10/2004
Geopharma, Inc.
$5 million
2/12/2004
QT5, Inc.
$1 million
3/5/2004
Geopharma, Inc.
$5 million
3/18/2004
Radix Marine, Inc.
$3.3 million
3/18/2004
Tissera, Inc.
$5.5 million
3/24/2004
Powerlinx, Inc.
$1.825 million
4/2/2004
Cedric Kushner Promotions, Inc.
$1.7 million
4/4/2004
Argentex Mining Corp.
$2.0 million
4/22/2004
Vertex Interactive, Inc.
$3.0 million
Smartire Systems, Inc.
$1.5 million
5/20/2004
AdZone Research, Inc.
$1.85 million
5/27/2004
Vertical Health Solutions, Inc.
$4.0 million
6/3/2004
Zynex Medical Holdings, Inc.
$1.2million
6/7/2004
Secured Digital Applications, Inc.
$7.0 million
6/8/2004
Pacific Entertainment Holdings
$2.0 million
6/8/2004
Molecular Diagnostic, Inc.
$2.5 million
6/16/2004
SyndicationNet.com, Inc.
$2.2 million
6/18/2004
Stronghold Technologies, Inc.
$3.0 million
6/28/2004
Ventures-National, Inc. (d/b/a Titan General Holdings)
$2.25 million