www.TheSecuritiesAttorneys.com Regulation A - Testing the Waters! If you are a new, unknown and risky company how do you know investors will buy your stock? Wouldn't you like to know that they are likely to buy before you pay all the expense of an offering? The new Regulation A allows you ”test the waters”to see if your offering will attract investors. You can use “testing the waters” materials, or advertising materials, both before and after the filing of the offering statement. You can talk to small investors as well as large accredited investors. After publicly filing with the SEC you must include a current preliminary circular or information on where one can be obtained. You must file solicitation materials as an exhibit when the offering statement is either submitted for non-public review or filed and updated. However, you are no longer required to submit solicitation materials at or before the time of first use. You must use legend or disclaimer indicating that: (1) no money or other consideration is being solicited, and if sent, will not be accepted; (2) no sales will be made or commitments to purchase accepted until the offering statement is qualified; and (3) a prospective purchaser’s indication of interest is non-binding. Testing the waters should prove helpful to companies in assessing their opportunities. Please remember that not all prior indications of interest will be honored by the time your offering is qualified by the SEC and you can accept money. www.TheSecuritiesAttorneys.com Want to know more? – email me at John.Lux@ Securities-Law.info (240) 200-4529 John E. Lux was in the top 5% of authors on Slideshare in 2014 and has been quoted by Bloomberg as an expert on reverse mergers. This is part of a series on Regulation A, so subscribe here for more and to learn more, go to www. TheSecuritiesAttorneys.com and get a free copy of our book “How to Go Public” Disclaimer This is not legal or investment advice of any kind Seek competent advice from qualified attorneys and investment bankers Your situation may vary The more you know about finance and business, the more you can profit

1. www.TheSecuritiesAttorneys.com
Regulation A -
Testing the
Waters!

2. Disclaimer

This is not legal or
investment advice of any
kind

Seek competent advice
from qualified attorneys
and investment bankers

Your situation may vary

The more you know about
finance and business, the
more you can profit

3. www.TheSecuritiesAttorneys.com
This is part of a series on
Regulation A, so subscribe here
for more and to learn more, go
to www.
TheSecuritiesAttorneys.com
and get a free copy of our book
“How to Go Public”

4. www.TheSecuritiesAttorneys.com
If you are a new,
unknown and risky
company how do
you know investors
will buy your
stock?

5. www.TheSecuritiesAttorneys.com
Wouldn't you like
to know that they
are likely to buy
before you pay all
the expense of an
offering?

6. www.TheSecuritiesAttorneys.com
The new
Regulation A
allows you ”test
the waters”
to see if your
offering will
attract investors

7. You can use “testing
the waters”
materials, or
advertising
materials, both
before and after the
filing of the
offering statement

8. You can talk to
small investors as
well as large
accredited
investors

9. After publicly filing
with the SEC you
must include a
current preliminary
circular or
information on
where one can be
obtained

10. You must file
solicitation
materials as an
exhibit when the
offering statement
is either submitted
for non-public
review or filed and
updated

11. However, you are no
longer required to
submit solicitation
materials at or
before the time of
first use

12. You must use a legend or disclaimer
indicating that: (1) no money or other
consideration is being solicited, and if
sent, will not be accepted; (2) no sales will
be made or commitments to purchase
accepted until the offering statement is
qualified; and (3) a prospective
purchaser’s indication of interest is non-
binding

13. Testing the waters
should prove
helpful to
companies in
assessing their
opportunities

14. Please remember that
not all prior
indications of
interest will be
honored by the
time your offering
is qualified by the
SEC and you can
accept money

15. www.TheSecuritiesAttorneys.com

Want to know
more? – email
me at John.Lux@
Securities-
Law.info

(240) 200-4529

16. John E. Lux was in
the top 5% of
authors on
Slideshare in 2014
and has been
quoted by
Bloomberg as an
expert on reverse
mergers

17. www.TheSecuritiesAttorneys.com
This is part of a series on Regulation
A, so subscribe here for more and
to learn more, go to www.
TheSecuritiesAttorneys.com
and get a free copy of our book
“How to Go Public”