My Book and the way I projected syndicates
Some syndications and the brokerages involved were known but I had to project who owed who
favors many times.
R. B. Robot IPO by Chesley Dunn
Syndicate in the 80’s:
Hackertt Modesitt
Security Clearing
Wall St. West
J.W. Kaufman
A. G. Edwards
B.C. Chirstopher
E. C. Farnsworth N.Y.
AMI Vest N.Y.
E. J. Pittock
Wesbush Nobel
Centennial State
S. B. Cantor N.Y.
A.L. Havens N.Y.
Kennsington Capitol N.Y.
Norbay N.Y.
Helfer
Richie Frankle
Covey SLC 10m
Olson 10m
Vantage 60m
J.W. Kaufman N.Y.
RLR Florida
Hereth Georgia
First Financial
Hanifen Imhoff
First Colorado
Basically, most of the names were Denver based firms. I also had to find out which “blue
sky states” the stock would be allowed to trade in.
In thIS case:
Colorado
D.C.
Florida
Hawaii
Nevada
N.J.
N.Y.
Utah
Many times syndicates would support a deal in the after market trading of a new issue. That
basically meant that those firms would be owed a favor from the penny stock underwriter and
could get pieces of the next IPO from the firm whom IPO aftermarket stock they supported.
But it was a cut throat game. Many times syndicate managers would try to bring a deal out
and might plan to cut out former supporting firms.
So my book and name is now registered. I need a similar agent to Jordon Belfort and a
possible collaborator. The story is much bigger than what I have shared on this website.
This is just a taste of what it is like to have loved a world of investing and all the
connections I had in that world. It is the other side of the movie Wolf of Wall Street.