Adia Nutrition, Inc. (ADIA)

[Jason Coombs]

Investors will pay Secretary of State filing fees.

The bottleneck in raising new capital exists always until the camel is threaded through the eye of the needle and then the nature of the debate changes from "will this survive?" to "will this miraculous growth ever come to an end?"

Such is the nature of markets, is it not?

I do expect that Bill's team will adapt successfully to the new methods and standards of practice in raising capital, including through the use of crowdfunding. Equity crowdfunding is coming soon, and I would be very surprised if LiveWire does not hit the ground running when it is finally legal to form direct investment relationships with new investors through a crowdfunding portal.

Twitter just yesterday announced they have changed their advertising policy restricting securities offerings so that now any company is allowed to advertise seeking investors. This is one of the first meaningful steps forward in repairing the capital formation process for startups, so that companies like LiveWire no longer get stuck in a bottleneck of limited attention span, limited funding and politics when lining up for consideration by venture capital firms and investment bankers.

See: http://www.sec.gov/comments/s7-09-13/s70913.shtml

My letter to the SEC dated July 16, 2014 is here:

http://www.sec.gov/comments/s7-09-13/s70913-326.pdf

How much dilution will this create when investors, members of the general public, can invest directly or through a crowdfunding portal instead of through a stock broker? In the words of Ben Bernanke, "it all depends on the execution."

See: http://www.gpo.gov/fdsys/pkg/CHRG-110shrg40283/html/CHRG-110shrg40283.htm