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Re: Jimthetruthseeker post# 505

Tuesday, 06/05/2012 7:35:03 AM

Tuesday, June 05, 2012 7:35:03 AM

Post# of 14169
Can't sell equity via crowdfunding. Can solicit donations. Power sentence:

Until then, we are reminding issuers that any offers or sales of securities purporting to rely on the crowdfunding exemption would be unlawful under the federal securities laws.

From the site: http://www.sec.gov/spotlight/jobsact/crowdfundingexemption.htm