The Fix Crowdfunding Act, sponsored by Congressman Patrick McHenry, passed the House of Representatives in summer 2016 and subsequently was sent to the Senate, but was never passed by the [...]
The investor in a crowdfunding offering cannot immediately resell, but is subject to significant limits on resale. Resales can be made only after one year, unless the security transferred to an [...]
Any changes, updates, or additions to information provided in the offer document has to be filed by amendment with the SEC. Any person investing prior to the update or amendment must have the [...]
Regulation CF provides limited relief to persons wishing to obtain funding from the public. The concept is that companies, after filing a brief notice with the Securities and Exchange Commission, [...]
The biggest delay encountered by companies wishing to do a reverse merger IPO is that their financial records are not sufficiently well organized in order to permit an expeditious audit of their [...]
Any casual reader on the subject of running your own business is told about the importance of observing corporate formalities. What does this mean? Creditors may be to ”pierce the corporate veil” [...]
One of the benefits of our going public 101 book are the (we believe) fantastic form library. These are the same forms, and the same level of competence, as used by the best lawyers in the field. [...]
Unless you live next door to venture capitals, you have to start out getting capital either from your own savings or from friends or relatives, this can be very difficult. Of course, no sincere [...]
“You need to write a business plan” is a common refrain heard by anyone planning to the public. But, unless your business is that of writing a business plan, how can you know how to write one? Of [...]