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What’s New
July 3, 2007
Gibbons proclaims today a day to honor private sector Nevada economic development initiative.
Las Vegas, NV – Nevada Governor Jim Gibbons has declared July 2, 2007, as “a day in honor and appreciation of the Nevada Economic Development Advisory Board” (NEDAB) and their efforts to “promote diversified economic growth for Nevada through increased participation in capital markets by Nevada businesses” in a proclamation issued June 29, 2007.
The proclamation also cites NEDAB’s recent efforts in support of the implementation of chancery courts for Nevada and the “work [that it has done] together with businesses, government and other economic development groups, across party lines and demographic groups in the spirit of mutual cooperation and shared purpose.” The proclamation goes on to note that “NEDAB has done [these things] for the betterment of the state of Nevada without any public funding” and calls NEDAB “a shining example of private sector ingenuity applied to the challenge of Nevada economic development.”
“We are truly appreciative of the Governor’s recognition and his appreciation for our efforts,” stated NEDAB member and spokesman Robert Uithoven. “Nevada can continue to grow and prosper, but only if our economic sector remains strong and vibrant. Part of that effort includes promoting our friendly tax and regulatory structure and access to the capital markets. Nevada businesses – both those currently operating here and those seeking to move in – have a tremendous advantage by utilizing NEDAB’s educational tools in conjunction with the many services offered by the Nevada Commission on Economic Development, the Secretary of State, and the regional authorities such as the Nevada Development Authority and the Economic Development Authority of Western Nevada.”
NEDAB was established earlier this year to focus on the portion of economic development dealing with responsible, revenue generating corporations that are ready to take their next step in development by entering the public equity markets. NEDAB currently offers three white papers, normally sold for $129.99 each at http://PubcoWhitepapers.com , free of charge on NEDAB’s web site, http://Nevada-EDAB.com :
- “The Nevada Advantage” spells out over several economic benefits of doing business in Nevada in detail, including the exact benefits and who qualifies. Even if you already operate a Nevada corporation, this paper will educate you on some of the lesser known benefits, such as Nevada’s unique capital market climate, that make Nevada a great place to do business.
- “The Affordable IPO Alternative” contains information entrepreneurs need to understand to bypass venture capital and spare their companies a great deal of expense compared to traditional IPO costs.
- “The Nevada Affordable IPO Alternative” explains how Nevada corporations can conduct a state registered offering to Nevada residents, which can serve as a fundraising mechanism and can also be a springboard to a listing on the OTCBB or a national exchange.
NEDAB also offers a free consultation to qualified companies interested in learning about taking a company public in Nevada.
“Simply put,” said Uithoven, “our goal is to provide education to Nevada corporations, companies interested in locating or expanding to Nevada, state agencies and other Nevada economic development organizations on Nevada’s unique capital market advantages. We want to help Nevada become not only the Delaware of the West, but also the Wall Street of the West.”
About Nevada Economic Development Advisory Board (NEDAB)
NEDAB is a council of businesspeople and legislators who share a vision of diversified economic growth through participation in capital markets and are working with other businesses and the government to make that vision a reality. NEDAB believes that Nevada has the potential to become the premier destination in the U.S. for small business issuers looking to enter the capital markets; that Nevada corporations across a variety of industries can benefit from participation in the capital markets as a way to build long term shareholder value, provide access to capital, increase visibility and improve business practices to meet the standards of being a public company; and that an increased number of Nevada corporations successfully entering and sustaining participation in the capital markets will create diversified economic growth, increase the number of companies that physically relocate to Nevada, create new jobs and increase revenue for the state.
Activities of NEDAB include:
- Outreach to other economic development groups, legislators, regulators, business owners, and business and industry leaders.
- Educational Programs for companies seeking to learn about capital markets and the advantages of domiciling in Nevada as a private or public company.
- Policy Research and Recommendations to make Nevada even more attractive as a home for companies wanting to participate in capital markets.
- Locally based Industry Screening Committees to help identify and screen companies that are good candidates for participation in the public markets.
NEDAB is in the process of expanding to its target of 10 members. Current members include:
- Mark Daigle, NEDAB Co Chairman and President and CEO of Colonial Bank N.A.’s Nevada operations.
- Paul Henry, Esq., President and CEO of Henry & Associates, LLC.
- Robert Uithoven, President of J3 Strategies and Manager for Jim Gibbons’ successful 2006 gubernatorial campaign.
Advisors to NEDAB include:
- Bob Beers, State Senator District 6 and PCMC Nevada Client Audit Coordinator.
- Tim Carlson, CEO, Powered by Renewables and Former Executive Director, Nevada Development Authority and Nevada Commission on Economic Development.
- R. Keith Schwer, Ph.D., Director of UNLV Center for Business and Economic Research.
- Neal Tomlinson, Esq., Bullivant Houser Bailey PC and NEDAB General Counsel.
NEDAB is in the process of selecting screening committees to focus on particular industries. Current industry screening committee members include:
- Dr. Emil Frei III, NEDAB Life Sciences Screening Committee Chair, cancer research pioneer and former Director and Physician in Chief at Dana Farber Cancer Institute.
- Dr. James Eells, NEDAB Life Sciences Screening Committee Member and internal medicine private practice.
For more information about NEDAB visit http://www.Nevada EDAB.com.
NEDAB is an ongoing initiative of Public Company Management Corporation (OTCBB: PUBC). For more information about Public Company Management Corporation visit http://www.PublicCompanyManagement.com.
Contact:
Robert Uithoven, NEDAB Spokesperson
Phone: (775) 762 8550
RUithoven@Nevada EDAB.com
http://www.Nevada EDAB.com
March 13, 2007
Dr. Keith Schwer, Director of the UNLV Center for Business and Economic Research, has agreed to head up research for NEDAB regarding capital market participation in Nevada, many of which have not been tracked previously.
Examples of some of the issues Dr. Schwer plans to research and track include:
- Monies raised in Nevada through registered securities
- Series 63 securities agents and broker-dealer registrations
- Participation of Nevada-based corporations in national listing services and exchanges
- Financial performance of Nevada-based public companies
Full release: NEDAB Taps Schwer for Research and Development
March 5, 2007
 Dr. Emil Frei III, chair of NEDAB’s Life Sciences Screening Committee, was honored this past weekend at the opening reception of the inaugural Dr. Emil Frei III Symposium, hosted by the Southern Nevada Chapter of the Leukemia & Lymphoma Society. The long list of honors included a letter from President Bush, proclamations from Senators Reid and Ensign, and numerous others.
The Review-Journal has full coverage of the event, including pictures.
March 2, 2007
  Two of NEDAB’s advisors, State Senator Bob Beers and former NCED and NDA director Tim Carlson were guests on the March 1 edition of Nevada Newsmakers, discussing NEDAB and the potential role of capital markets in Nevada’s economic development.
Download Windows Media Video Hi-quality (300 Kbps/56 MB)
Download Windows Media (48 Kbps/8 MB)
MP3 Audio (13MB) | M4V Video (173 MB)
February 27, 2007
Las Vegas Gaming Wire reports that:
Last week, Gibbons’ transition team working group that explored gaming and tourism issues suggested some of Nevada’s gaming regulations be eliminated because they obstruct the entrance of new technology and outside investment into the industry.
Along with some controversy about the future of the Las Vegas Convention and Visitors Authority (LVCVA) and some recommendations regarding the testing of new gaming technology, the report included this little gem:
In addition, the document suggested restrictions on investment by private equity groups should be loosened and international casino customers should have an easier time obtaining visas to enter the market.
“We simply must foster a reputation for being flexible and nimble in embracing new pools of capital to attract investment dollars needed to drive our economy,” the report said.
Neilander said gaming regulators approved $1.3 billion in private equity investments last year.
$1.3 billion? We love to see that kind of investment coming into Nevada, but we’d sure like to see some of that investment opportunity being opened up to the Nevada public, as well — Nevadans investing in Nevada. Nevada is one of the few states that offers a viable “registration-by-qualification” offering — we call it The Nevada Affordable IPO Alternative.
If you’re in the gaming industry, looking to raise funds, and would like to learn more about how you can make a public offering in the state of Nevada instead of seeking out outside private equity, you can download our white paper, “The Nevada Affordable IPO Alternative” - a $109.95 value - free of charge for a limited time. If you’d like to explore further after reading the white paper, contact us to see about a free consultation to help determine if a public offering in the state of Nevada might be a better fit for you than private equity.
We mentioned it a couple of weeks ago in our announcement regarding the Dr. Emil Frei III Symposium, but now it’s official: Dr. Frei will be chairing the NEDAB Life Sciences Screening Committee. In that capacity, Dr. Frei will help identify growth-stage companies in the healthcare, medical devices, pharmaceutical and biotechnology industries that could potentially benefit from participation in capital markets to support their growth. Dr. Frei will also review business plans and conduct gap analysis to determine if prospective companies are candidates for NEDAB’s support programs.
Full release: Medical Pioneer Dr. Emil Frei III to Head NEDAB Life Sciences Screening Committee
February 16, 2007
Dr. Emil Frei III, one of the true pioneers of cancer research, now makes his home in Nevada and will be hosting the inaugural Dr. Emil Frei III Symposium March 2-3, 2007, in conjunction with the Leukemia & Lymphoma Society’s Southern Nevada Chapter. Dr. Frei will be honored for his lifetime of achievement at the opening reception Friday. The reception is open to the public, but reservations are required (see link above to register on the symposium site).
Dr. Frei serves as the Life Sciences Screening Committee Chair for NEDAB, assisting us in identifying and screening innovative, growth-oriented companies in the life sciences fields that could potentially benefit and be a good fit for capital market participation. In the press release, Dr. Frei discusses University of Nevada Chancellor Jim Rogers’ proposed new Health Sciences System, his views on the connection between economic development and the healthcare industry and the tremendous challenge he believes Nevada faces in that regard:
Currently in Nevada, as in most other states, the various medical programs offered by the state’s colleges, community colleges, and universities are not linked to one another. This leads to a “silo effect” in which institutions are unaware what is going on outside their own immediate environment. They also compete against one another for staff, space, and funding.
Dr. Frei believes that an integrated university-based system fosters innovation by combining fundamental scientific research with clinical practice. “You need a cluster of physician scientists and basic scientists who will interact with each other to provide the necessary depth and breadth to be at the forefront of a given disease,” he said.
Nevada university system Chancellor Jim Rogers hopes to change all that by creating an integrated Health Sciences System unifying the various programs offered around the state. Governor Jim Gibbons has already pledged $110 million towards construction costs, but operating costs are still a giant question mark. As Rogers told the Las Vegas Sun in a January 26 interview, “There is no sense building a building if we can’t put people in it.”
Dr. Frei supports Rogers’ belief that this approach will help produce more doctors and nurses, expand and enrich community outreach and education programs, improve research and ultimately improve patient care. This is especially important in a state that already suffers from one of the worst doctor/patient ratios in the U.S. According to the Department of Health & Human Services, Nevada ranks 45th in terms of number of physicians per capita, 48th for dentists and 49th for registered nurses. This dismal ratio affects not only citizens, but also businesses, both those resident in the state and those considering coming here.
Dr. Frei sees the Health Science System as critical to Nevada’s economic development. Besides the major economic impact of the system itself, a better health care system makes Nevada more competitive for population growth and corporate growth and helps to create a more productive workforce. It also keeps patient care dollars within the state.
Full release: Nevada Economic Development Advisory Board Welcomes Pioneering Cancer Researcher
January 25, 2007
Robert Uithoven, campaign manager for Jim Gibbon’s successful 2006 gubernatorial campaign, has been named as a member of NEDAB. Uithoven will serve as NEDAB’s primary spokesperson.
Full release: Robert Uithoven Named to Nevada Economic Development Advisory Board.
Uithoven also recently announced the launch of his own political consulting firm, j3 STRATEGIES, and was featured in an interview in the Las Vegas Review-Journal.
January 17, 2007
The Nevada Economic Development Advisory Board (NEDAB) has been established to promote economic growth in Nevada through participation in capital markets by small business issuers incorporated in Nevada. Mark Daigle, President and CEO of Colonial Bank N.A.’s Nevada Region, will serve as co-chair. NEDAB plans to assemble a team of approximately 9 more prominent businesspeople and legislators to oversee its mission of encouraging economic growth in Nevada.
Full release: Formation of Nevada Economic Development Advisory Board Announced
January 12, 2007
Bob Beers, CPA, owner of his own audit preparation firm, has been named as Nevada audit coordinator for PCMC. Beers’ appointment supports the company’s statewide initiative to promote and support business growth in the state of Nevada by preparing companies for the building of the audit package necessary to enter the capital markets.
Full release: Bob Beers Named as Nevada Client Audit Coordinator
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