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FOR IMMEDIATE RELEASE
Worldwide Stock Transfer Offers Investor Accreditation Services to Private Companies
New product offers first-of-its-kind stock transfer option for private companies
HACKENSACK, N.J. (Jan. 7, 2014) – Worldwide Stock Transfer, LLC (WST), a nation’s leading
stock transfer agent, announced today the launch of a first of its kind platform that facilitates
the investor accreditation process by connecting private companies and investors with their
verifiers without requiring private documents.
Worldwide Stock Transfer provides private companies who are utilizing crowd funding as a
method to raise capital, the ability to secure investor accreditation. An individual investor must
document an annual income of more than $200,000 individually, $300,000 as a couple or have a
net worth of more than $1,000,000 excluding the value of a primary household.
"Worldwide Stock has developed the stock transfer industry’s first one stop shopping
platform,” said Jonathan Gellis, president of Worldwide Stock Transfer. “We have put together
a platform that handles all the major back office components for private companies. A private
company can utilize Worldwide for shareholder services, receive escrow and investor
accreditation services all under one roof at a cost competitive rate."
Worldwide’s automated verification software streamlines the accreditation process while also
ensuring that customers comply with the safe harbor provision outlined by Title II of the JOBS
About Worldwide Stock Transfer, LLC
Worldwide Stock Transfer, LLC is a premier stock transfer firm specializing in an array of transfer
services including DRS and DWAC, accurate record keeping and account maintenance, investor
relations and restricted stock. WST offers escrow lockbox capabilities and unlimited online
services to clients and shareholders. Founded in 2005 at the request of numerous micro-cap
and small to mid-level size companies searching for a higher level of service and individual
attention, WST strongly believes in personalized, low cost professional service when it comes to
the stock transfer industry. WST has assembled a highly experienced team consisting of
professionals with extensive years of financial service skills in a variety of areas. For more
information on WST, please visit www.wwstr.com.
Click here for more information.
January 4, 2014
Platforms and portals, security firms, investors, title II and III experts, attorneys, financial and fund managers, start-ups, real estate brokers and developers, P2P investors, entrepreneurs, incubators, and accelerators meet up during this two-day professional event while attending informative keynote sessions and networking with industry leaders.
Venture Beat December 9, 2013
The Business Law Section and the International Section of the New York State Bar Association (NYSBA) is hosting a live program and webcast in New York City on December 11, 2013, to review crowdfunding. The event is titled, “The SEC’s Crowdfunding Proposal – A Preliminary Look”, and it is open to anyone who registers on the NYSBA site. The webcast is free of charge.
Crowdfund Insider December 6, 2013
Top crowdfunding pioneers, policymakers, entrepreneurs and investors will convene to
address the most urgent issues in capital formation, job creation, public policy as well as
corporate and entrepreneurial initiatives. Douglas S. Ellenoff, a member of the Firm, will be
one of the speakers.
CFPA August 5, 2013
JOBS Act Title II Rulemaking Update
The final rules adopted by the SEC on July 10th to eliminate the ban on general solicitation and advertising and define bad actor disqualifications for Rule 506 offerings have been published in the Federal Register. These rules go into effect on September 23, 2013.
We will be working with our clients and friends to develop compliance protocols for these new rules.
July 25, 2013
The FINRA Board of Governors met today and authorized the publication of a Regulatory Notice to solicit comment on proposed rules and related forms governing funding portals pursuant to Title III of the JOBS Act. The proposed rules address among other things the membership application process for funding portals, fraud and manipulation, just and equitable principles of trade, communications with the public, supervision and anti-money laundering. FINRA expects to publish the Notice when the SEC releases its proposed rules pursuant to Title III of the JOBS Act for comment.
July 12, 2013
I recently spoke with attorney Douglas Ellenoff, our contributing expert on crowdfunding and the JOBS Act, about the recent "no action" letters issued by the Securities and Exchange Commission to crowdfunding platforms like AngelList and FundersClub targeted at accredited investors.
Crowdsourcing.org May 28, 2013
Douglas S. Ellenoff, a member of the Firm, wrote an article on Crowdfunding that was published in the Vanderbilt Law Review.
Vanderbilt University Law School May 10, 2013
I spoke with attorney Douglas Ellenoff, our contributing expert on crowdfunding and the JOBS Act, shortly after the one year anniversarry of the signing of the JOBS Act in April 2012. Ellenoff spoke at a Silicon Valley crowdfunding conference on the first birthday of the law, which...
Crowdsourcing.org April 22, 2013
Crowdfunding is getting so much bigger than Kickstarter. Last year alone, it generated 1 million successful campaigns and $2.7 billion across the globe. Research firm Massolution gathered that data from 308 active crowdfunding platforms (CFPs) worldwide via the website for its 2013 Crowdfunding Industry Report. The information shows that crowdfunding nearly doubled last year, with an 81 percent increase over 2011. North America and Europe, taking second, dominate the market, with a more than 95 percent stake.
Venture Beat April 17, 2013