Our Crowdfunding Network Is Growing Part 71

After months of studying the securities laws I think we're pretty close to knowing which exemptions we need to operate under to avoid RIA registration.  Our securities attorney is also conversing with our broker-dealer about the exact way we need to affiliate with them to make sure we're in full compliance.   Hopefully this will be resolved in the coming few weeks.

Our current raise has stalled quite a bit because our marketing has been pretty ineffective.  We have been working to grow relationships organically with ads and such, but our site UI seems to need a major overhaul for conversions to take hold.  We're busy working on that and a new brand to align more closely with a third party portal instead of with our Inner 10 brand.  Hopefully we can have that done by mid year.  

Our development business got 7 properties worth of contracts this week for exits.  We'll be ramping down this business considerably over the next 3-4 months so we can focus more effort on syndicating deals and being more passive.  We'll still do a handful of active projects too, but these are more likely to be with close partners for now as we ration our time for the new crowdfunding business.  We're also working on pitch decks, etc. for pre-funding partner.  I have some meetings about this later this month.

Another major initiative we have is setting up a hard money debt fund under Title IV.  My goal is to set it up where we can pre-fund projects under Title IV and sell off single notes to investors via crowdfunding under Title IV as well.  I have set up several meetings with securities attorneys about this topic in the coming few weeks.  This is really new territory so it will be interesting to see what advice I get and how different the advice is from the folks I visit with.