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Private Placement Offerings
Hey guys,
I have spent more time on the SEC website than just about anywhere after my initial questions here on BP. During my most recent search I came across this,
"Eliminating the Prohibition Against General Solicitation and General Advertising in Rule 506 and Rule 144A Offerings"
I found it here, the link is work and family safe.
http://www.sec.gov/info/smallbus/sbpend.shtml
Would this loosen the reins quite a bit on soliciting investors? Any chance that this would actually be implemented from the JOBS act? I have a meeting with my mentor and attorney on Wednesday, but am curious as to what you guys have heard or seen???
Trevor
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Hey guys - ironically (or maybe not so much?) this topic was discussed at length today on the BiggerPockets Blog -
Check it out ----> Private Placement Memorandum: Using a PPM to Raise Private Capital
Hope that helps!