Crowdfunding Now!

As one author noted, "Here are some of the main points of the Illinois Intrastate Crowdfunding Bill (HB 3429). Adds new definition of 'accredited investor' which is now tied to the federal definition (see new 815 ILCS 5/2.34). Amends the transaction exemption provided by 815 ILCS 5/4(H) to allow for offers, sales and/or issuances of securities to any 'accredited investor' and for the general promotion of the same (to the extent specified in the Bill). Provides new definition of  'qualified escrowee,' which includes title insurance companies and banks authorized to do business in Illinois who maintain at least one (1) physical location in the state (see new 815 ILCS 5/2.35). Provides new Intrastate Crowdfunding Exemption (see 815 ILCS 5/4(T)). Highlights include: $1,000,000 funding cap unless the Issuer has made available to prospective purchasers audited financial statements, in which case the funding cap will be $4,000,000. – See subsection (2) ...

We have posted the DRAFT SEC Title IV Crowdfunding forms.... Form 1-A:  https://drive.google.com/file/d/0Bx3S91AlzNJ4dmpMSGxlNGF1OFk/view?usp=sharing Annual (Form 1-K):  https://drive.google.com/file/d/0Bx3S91AlzNJ4ekVHYUZjZHRfZEk/view?usp=sharing Semiannual Report (Form 1-SA): https://drive.google.com/file/d/0Bx3S91AlzNJ4Tl9oM0VUemxoODQ/view?usp=sharing Current event (Form 1-U): https://drive.google.com/file/d/0Bx3S91AlzNJ4Tk53eWNVLUd0dmM/view?usp=sharing Exit (Form 1-Z) Report:  https://drive.google.com/file/d/0Bx3S91AlzNJ4OE5KX20tUUJoLTA/view?usp=sharing Keep in mind, these are DRAFT forms, but if you want to know what the paperwork will look like...well, here it is. This is part of my class on How to Crowdfund:  https://www.udemy.com/how-to-crowdfund/

We posted an article with the title "How to Crowdfund" in 2012. Given all that has happened in the interim I thought we would update it. This data is from  our Online Class on How to Crowdfund -  https://www.udemy.com/how-to-crowdfund/ (Video preview :  https://youtu.be/nL5svW7pN7w ) As I noted in 2012, crowdfunding , getting investments and donations from individuals via the internet,  has taken off, giving individuals who have, until now,  been shut  out of funding markets access to much needed cash. It will especially help socially responsible individuals and those seeking to fund socially responsible projects. These are exactly the types of projects that have had an extraordinarily difficult time raising capital in the current economic downturn.  In my book on  crowdfunding  ( The JOBS Act: Crowdfunding for Small Businesses and Startups , published by Apress) I discuss how to raise ...

"How To Crowdfund" on Udemy: https://www.udemy.com/how-to-crowdfund/ Course Contents: What is Crowdfunding? The JOBS Act's definition of " crowdfunding ," “ crowdfunding platforms," and “emerging growth companies" How to get up to $1 million through crowdfunding The risks and rewards of taking advantage of crowdfunding Intellectual property protection Choosing a crowdfunding platform SEC Title IV Regulation A - how does this work? Indiegogo vs Kickstarter State-level crowdfunding How to stay on the right side of the law when soliciting funds How to identify and deal with reliable crowdfunding platforms and companies How businesses owned by women and minorities can raise new capital, as well as those now shut out of the capital markets (restaurants, day-care centers and others ignored by finicky venture capitalists and skittish bankers) How investors can identify opportunities, avoid fraud, perform due diligence, and then make an int...

Astronomers Baffled. Does this indicate an unusual occurrence on Earth?

As an adult, I find recent incidents involving African-American  youth difficult to process.  Imagine a young person's plight as  they try to make sense of what they see, what they hear, and, most  importantly, what they feel.  I am sure we all have legitimate questions and concerns about our  place in American society.I know I do. Even at my family's  Thanksgiving gathering, I was moved by the fact that many of my young  cousins, nieces and nephews wanted to discuss the recent negative incidents  in the news. HIA (History In Action) Toys believes that understanding history  equips us with a roadmap to deal with these challenges and  uncertainties. They are devoted to educating African-Americans, and  especially African American youth, about our history.  Their line of  action figures: Benjamin Banneker Action Figure Bessie Coleman Action Figure Matthew Henson Action Figure  provide an entry p...