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estricted stocks of companies whose unrestricted shares are freely traded and (ii) studies of private transactions prior to initial public offerings el PO"). While both the restricted stock and pre-IPO studies have been used by appraisers to derive adjustments for lack of marketability, we believe tha
did not necessarily mean that marketability discounts were generally lower; riskier companies generally could not complete an IPO in 2001. ie From Brian V- Pearson, 'The zoo! Marketability Discount Study," CPA Expert, Spring 2002; Pearson, t2000 Marketability Discounts as Reflected in Initial Public Of Busines
estricted stocks of companies whose unrestricted shares are freely traded and (ii) studies of private transactions prior to initial public offerings el PO"). While both the restricted stock and pre-IPO studies have been used by appraisers to derive adjustments for lack of marketability, we believe tha
did not necessarily mean that marketability discounts were generally lower; riskier companies generally could not complete an IPO in 2001. ie From Brian V- Pearson, 'The zoo! Marketability Discount Study," CPA Expert, Spring 2002; Pearson, t2000 Marketability Discounts as Reflected in Initial Public Of Busines
estricted stocks of companies whose unrestricted shares are freely traded and (ii) studies of private transactions prior to initial public offerings el PO"). While both the restricted stock and pre-IPO studies have been used by appraisers to derive adjustments for lack of marketability, we believe tha
did not necessarily mean that marketability discounts were generally lower; riskier companies generally could not complete an IPO in 2001. ie From Brian V- Pearson, 'The zoo! Marketability Discount Study," CPA Expert, Spring 2002; Pearson, t2000 Marketability Discounts as Reflected in Initial Public Of Busines
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