Offering 750,000 shares at $1.00 per share to residents of Montana is how James and Kathy Rolin at Cowboy Cricket Farms plan to raise $750,000.
Go Cowboy Crickets!
Through the IPO, set at $750,000, the owners hope to raise money in a slightly non-traditional way that will allow them to expand the operation — namely purchasing larger equipment for drying and processing the crickets. The IPO gives any Montanan the chance to buy a slice of Cowboy Cricket Farms for a dollar a share. State Auditor Matt Rosendale was on hand at the company’s warehouse stroke farm Thursday to sample some barbecue-flavored dried crickets and sign the exemption allowing the Rolins to effectively operate as a publicly traded company within Montana.
