iConsumer is able to sell shares to the public because we’re taking advantage of the 2012 JOBS Act. More specifically, Title IV, Tier 2 of that legislation. Basically, that legislation is an exemption from some of the most expensive and complex rules and regulations that govern the sale of securities like our stock. The JOBS … Continue reading Why we can’t sell shares in four states – Texas, Florida, Arizona, & North Dakota
Perhaps the most eagerly awaited portion of the JOBS Act, Title III, the part of that act that actually has “crowdfunding” in its name, became live in May. The requirements for using it are much less strict than the requirements surrounding Title IV. Most notably, investors are maxed as to the amount they can invest, … Continue reading Equity Crowdfunding – The Next Chapter
Elio Motors used Reg. A+ to go public. They are now listed on the OTC. We’ll be watching to see how they do in the markets. Here’s a story on Elio Motors in INC magazine.
On October 30, 2015, the SEC voted to adopt new regulations governing Title III of the JOBS Act. This is specifically about small crowdfunded investor opportunities. It is another equity crowdfunding opportunity. The general consensus is that this is great for smaller startups, and companies that are not interested in immediately having a public market … Continue reading Title III Update – Passed by SEC