2. Agenda
• Announcements
• Overview of Openshop
• History of Crowdfunding
• Getting Approval, Q&A
• Getting Funded, Q&A
• CO Crowdfunding Workshop
3. About Brian
Personal
I am a dad with two boys, conscious entrepreneur and committed to my
spiritual inner journey, my purpose is to live passionately inspired to create
connection and full engagement, All-American swimmer in college
Professional
•Visionary in my EZOG Style
•I am an entrepreneur - over 20 years of experience
•I raised almost $2 million in private equity
•Board Member Crowdfunding Professional Associations
•Founder, CEO of Vim, Inc
•Co-Creator of Funding Launchpad, Vim Insights,
Vim Quests, Vim Loft, Vim Events, Vim Startups,
Vim Fundability, Vim Lending, Vim Software
Programs: Colorado Crowdfunding Intensive
4. Disclaimer
I am not an attorney, nor play one on
television. I am not providing legal advice
and you are advised to talk to an attorney
with any securities transactions you are
engaged in.
6. What is Crowdfunding?
•A collective effort from many individuals to
fund a charity, event, business, artist and
other projects typically online.
•The JOBS Act is a Game Changer
–Title II
–Title III
22. Getting Approval
Options For Issue
• CO Form RL
• CO U-7 SCOR
• Reg A
• Reg D 504 MAIE Option
• Reg D 506 Title II JOBS Act
3 keys for Approval- Investors and Regulators
• Disclosure
• Documentation
• Valuation
23. Options for Issue
1. Form RL-Limited Registration by Qualification
2. CO U-7 SCOR-Small Company Offering
Registration- with Reg D 504
3. Regulation A
4. Reg D 504 MAIE
5. Reg D 506 Exemption Title II JOBS Act
24. Form RL
Key Qualification
80% of raise must be spent in Colorado
entity
Majority of employees based in CO
All investors must be CO residents
Colorado Entity
$1M in 12 months
Escrow required
Min/Max
25. Form RL Registration
Key Advantages
• Limited documentation
• Reviewed financials
• The Colorado Division of Securities
(DORA) should decide within 14
business days
• Lowest compliance
cost option
26. SCOR Key Qualifications
-47 States offer a SCOR, filed under
uniformed application U-7
-Must file Federal Exemption- Reg D 504
-$1M in 12 months
-$1.00 per share min
-Can require audited financials, ongoing
requirement for audit post funding
-Escrow required
-Min/Max
27. Reg A Key Qualifications
-Federal Exemption by Review
-Complete and File Form 1-A
-Reviewed by the SEC
-Verbally "Testing the Waters"
-Offering Circular required
-Currently up to $5M in 12 months
-No set requirement for accounting
although SEC can require audited
-No escrow or min/max
28. Reg D 504 MAIE
-Only generally solicit to Accredited Investors
-Must file Reg D 504 with SEC and CDOS
-Maximum raise $1M in 12 months
--Usually offered through Private Placement
Memorandum
-There is no qualification
File MAIE Form with CDOS
29. Reg D 506
-Practically only sell to Accredited Investors
-Currently NO advertising or general
solicitation- Title II JOBS Act changes this
-Usually audited financials are required
-Unlimited amount of capital
-Usually offered through Private Placement
Memorandum
-There is no qualification
31. What regulators needs to know
Disclosure Disclosure Disclosure
You need to let DORA/SEC and the investor
know the whole story
32. How? First....
Do Your Due Diligence
Research Research Research
33. What are the Risks?
Risk Factor Statements:
• Business Risks
• General Risks
• Stage of Company Risks
34. What Disclosure Does for You
Helps you answer the questions you need
to make your business more successful
Faster approval
Better investor/lender information which
provide you protection in case of issues
down the road
35. And
Provide Documentation
Forms, Articles, Agreements & all things that
materially affect the operation
39. Takeaways
• Good Disclosure and documentation
increases your fundability and speeds up
approval.
• Create a valuation that works for you and
the investor, must be realistic and fair to
both parties.
• The Vim Fundability Decision Tree
43. In Addition
You can create social proof
and have social capital and
you are willing and committed
to run a crowdfunding
campaign
44. How do you get funded?
General Phases of Crowdfunding Campaign
1.Plan the campaign
2.Create your campaign
3.Launch your campaign
4.Drive your campaign
66. Takeaways
For the right businesses you can crowdfund
NOW!
Crowdfunding is a capital raising option, is it
for you?
Success depends on your ability to define,
message, attract and engage your
investor. Know who they are!
74. Who is it for?
Any business that is ready to raise capital
using general solicitation
Any business that generally seek under
$1M in capital Reg A is $5M
Any business with lots of CO connections,
fans, customers or social network
Any business that simply wants to learn
how to raise capital like a professional
76. Workshop Information
Join us for our three day intensive program
February 11th, 13th & 15th
Focus on Form RL, SCOR, Reg A, Reg D
504 MAIE and Reg D 506 registrations
and Crowdfunding model
Only have 9 slots open for class
77. Sign Up Today!
Investment $1497, limited to first 10.
If you sign up and pay today you also get
-a free 1 hour coaching session prior to
workshop
-a free review of your Form RL, SCOR or
PPM
-$1000 off FundingLaunchpad.com
A total of $1750 free additional value
