How do I open up a stock market account for my company, where I get my own NYSE symbol.?

JOHNNIE M: How do I open up a stock market account for my company, where I get my own NYSE symbol.?
Also what can I expect entering the stock market?

Answers and Views:

Answer by martimas77
Your Company has to be a Corp. You have to Issue stock. You will need a handful of Lawyers. So Contact your Law office and get them to start working on it. You will have to have your books in order!
Good luck

Answer by Ted
There is no “account”. You can use your regular corporate checking account to pay the listing fee.

First, you have to be registered as a public company with the SEC with all the financial disclosures and audited documentation required, before you can even talk to the NYSE. Then you have to show that there is public interest in trading your stock, such as minimum capitalization and number of shares outstanding.

Answer by yee8p
You can’t.

You don’t get an account, you get listed. It’s a mean of raising funds. You are selling part of your company (thus a share of the profit). Shareholders in turns pay you money to buy that initial share. (Shareholders can then sell to another person, and you will not see that money. Thus, you may list it at $ 20. Two months later, the stock goes to $ 200. You get the initial $ 20.)

You asked what to expect… since now a bunch of people has a claim to your company’s profitablity. You now need to tell a bunch of people how your company is doing. (i.e. an entire set of regulations collectively called Sarbane-Oxley will suddenly apply to your company.) You will have a lot more paperwork, and you will need to significantly beef up your account/corporate finance/auditing departments.

Now, I say you can’t is that by you asking this question, I assume you don’t meet the listing requirement. If you did, you would have accountants who told you the answer… At the very minium, you need to have 3 years of positive earnings to the tune of 10 mil

If you’re curious, you can check this out…