Harrison Vickers & Waterman Inc (HVCW)

[kingbee]

Here is what the SEC says-

Qualification. For both tiers under Regulation A, a company can only accept payment for the sale of its securities once its offering materials have been qualified by the staff at the SEC.
It is therefore important to know whether an offering has been qualified. Investors, however, should understand that the SEC’s qualification of an offering statement does not mean that the SEC has assessed or approved the accuracy of the offering statement or the merits of the securities offered.

Be aware that fraudsters have in the past characterized certain SEC filings and actions, such as qualifications, as formal approvals in order to mislead investors.