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hugh_jackoman

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hugh_jackoman

Re: Hierophant post# 205683

Sunday, 03/29/2015 4:14:34 AM

Sunday, March 29, 2015 4:14:34 AM

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There are other avenues to raise capital. The new crowdfunding rules that go into effect in 60 days - Regulation A+ is one of them. The company could "IPO" Greenpay and 30% of the proceeds could flow back to Myecheck because stock selling affiliates can account for 30% of any offering under Reg A+. Therefore, Greenpay could theroretically raise $20M and $6M could flow back.

http://www.sec.gov/rules/final/2015/33-9741.pdf
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