Our Crowdfunding Network Is Growing Part 76

We're busy collecting the last bit of funds for our fourth crowdfunding deal.  The pledging is done, but processing the back end money movement generally takes some time as does accreditation of investors under 506(c).  The seller of the property called me today to move the closing back until July 2nd so there really isn't a huge rush.  I want to get the securities attorneys paid along with the architects, etc. so that will be helpful I guess.  

I continue to learn more about Regulation A+.  Next week I'm flying to San Diego for a large conference where I am sure Title IV will be a huge topic of discussion.  The quotes I am hearing for costs vary dramatically so it remains to be seen who all will work under the regime and who will stick with 506(c).  My sense is that only larger funds will be able to support the cost to take in non-accredited investors.  

A lot is happening with backstop financing, partnerships, rebranding, etc. for our portal.  Hopefully we'll still be able to start our first third party project in June of this year.  The legal work takes forever.  

Our superportal has had a few board calls now.  I expect for this new company to be taking in new syndicators soon.  Stay tuned for more details on that.