Choosing the best securities exemption

Which securities exemption is best to use depends on several things. The major questions are 1) whether the investors will all be in California or you will have investors from other states, 2) whether you need/want full public advertising, a brief “tombstone” ad or simply individual communications with potential investors, 3) the investor standards that you can live with (for example, accredited, sophisticated, friends and family, etc.), and 4) to a lesser extent, the amount of money you want to raise.

–Bruce E. Methven

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