King & Assoc Has Determined 80% Of Reverse Merger Registrations Last Year Illegal Under Footnote 32

King & Assocociates, P.C. has determined 80% of reverse merger registrations last year illegal under the new SEC footnote 32
May 2, 2008 - PRLog -- As soon as the SEC released it's new footnote 32, the in-house associates at King & Associates, P.C. re-read, line for line, every reverse merger resistration submitted during 2007 to the SEC.  They have determined eighty-percent (80%) of those registrations are now illegal under the new SEC footnote 32 and should take immediate action to preclude large SEC fines and barement from particpating in any public companies in the future. Contact Douglas M. King at King & Associates, P.C. at or 817-598-1007 to discuss specific matters further.  Our website is

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King & Associates, P.C. is a legal and accounting consulting firm for reverse mergers and public shells.

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