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An
MAIE offering is a special SEC format for small
business, adopted by many states, that within very
rigorous parameters, permits the presentation of a Reg.
D, Section 504, type offering on the Internet.
In most adopting states, paperwork must be filed
regarding the offering. The offering can only be made by
its Offering Memorandum. The maximum funds that can be
raised are $1 million dollars, less any funds already raised in
the previous 12 months.
The key criteria is that the Offering Memorandum can
only be viewed by individuals who meet the SEC
definition of an "accredited investor".
The SEC has specified exactly what the
"tombstone" can contain, what declarations
must precede it, and what must be asked on the
Accredited Investor Questionnaire.
The purpose of the Accredited Investor Questionnaire is
so that the offering company will have enough
information to be sure that it is not revealing an
offering to an individual who is not an accredited
investor.
The SEC says that an individual who meets the guidelines
for being "accredited" can be given a UserID
and a Password to access the secure server containing
the Offering Memorandum and the Subscription Agreement,
for their evaluation.
The above is exactly the process that we adhere to on
the following web pages.
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Dallas, Texas 75234