August 11, 2014
To whom it may concern,
As the CEO of a Beverly Hills, CA firm currently developing a crowdfunding platform for startup ideas in the consumer product and consumer mobile verticals the proposed SEC rules regarding Title III are of particular and timely interest. While the rules may change in the future, it is my belief that our platform can be successfully operated under the rules as currently proposed. Furthermore, the cost to issuers are significantly lower than stated in the proposed rules. While there are specific rule changes I would personally like to see in the future, the proposed rules are workable and we intend to launch our platform to facilitate Title III crowdfunding in 2015.
Regards,
Damon D’Amore
WayFounder.com