Scott Edward Walker
JANUARY 13, 2012
Precisely because of this profile, however, such offerings are uniquely subject to fraud, and some issuers will simply be phantom companies without any assets, business model, or real world existence.”
Startup Company Lawyer
MAY 26, 2012
First, crowdfunding involving the sale of securities triggers the prohibitively expensive registration requirements of the Securities Act of 1933, as generally no exemptions are available in many crowdfunding models. Some companies utilize pure donation models.
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