Our Crowdfunding Network Is Growing Part 12

Friday we finished our circuit of securities attorneys. I have selected two to speak with again to try to close on someone to write a new 506(c) for us to start publicly soliciting legally. Next Monday I am meeting with a PR firm and web designer we hired to start a new website for Inner 10 Capital.

We are almost done listing our first crowdfunded deal at 1122 Linden on the iFunding site. I have been trading emails with Sohin all weekend and we just lack a video to get going. My partner and I plan to shoot that video on Monday using a script we developed and video that is shot in some of our existing projects that just went on the market.

I'm kicking around an optimal construct with Joel Block to see if it makes sense. My strategy is to advertise to everyone and group the non-accredited investors in a Regulation A where we use someone like Fundrise's construct to house them. The accredited investors would be grouped in our new 506(c) or in select deals through iFunding. Accredited investors would be steered to bigger deals with longer horizons and a moderate amount of more risk. Non-accredited investors would be steered toward shorter and smaller deals with less risk.

Next week we're talking to a company about possibly white labeling our own portal. This should be interesting, but it sounds like a distraction from our goals. Joel likes the idea though so I am going to participate to see what comes of it. I'll post more when I know more.