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Crowdfunding 101: The new “Raising Capital” Revolution (by recent passage of the JOBS Act) Dar’shun N. Kendrick, Esq./M.B.A. Owner of Kendrick Law Practice ( www.kendricklaw.net ) Keeping you “IN business and OUT of Court” (678) 739-8109

Crowdfunding 101: Raising Capital through the JOBS Act

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This informative presentation details how your business can start raising MONEY in exchange for equity the legal way through passage of the recent federal JOBS Act.

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  • 1. Darshun N. Kendrick, Esq./M.B.A.Owner of Kendrick Law Practice(www.kendricklaw.net)Keeping you IN business and OUT of Court(678) 739-8109

2. My backgroundMy FirmQualifications- Why Iam particularlyqualifiedHow can I help? 3. 1- No. 1 issue of businessowners= Funding/raising capital 2- JOBS Act revoluntionary 3- JOBS Act has not fully takenaffect 4- Besides God and the IRS, theSEC can shut you downFASTER than anything. 4. Securities Act of 1934 How the Process USE to work(www.sec.gov) Rule 504 Problem= Accredited Investor Rule 505 Problem= Personal connectionand limited numbers for unaccredited Rule 506 Problem= Must besophisticated if unaccredited Examples State Blue Sky Laws 5. In relation to the SEC NOW Larger regular audiences (like Groupon) Still $1M limit each year; $2M TOTAL(Emerging growth companies) Individual Investors still limited Reporting Obligations still in place How Do I Get Started?! 6. Kickstarter.com (all or nothing selling) Indiegogo.com (penalty for non-goal) Things to Consider: 1- You need a strategy; sit down withmarketing consultant, which we do, andaccountant. (Short term vs. long term) 2- You will need a network of friends that youcan reach. (Build anticipation) 3- You will need a story to tell. (Ex. 14 yearolds and app= $14M) 7. Who benefits MOST fromcrowdfunding? Are there any downfalls tocrowdfunding? My personal thoughts 8. KLP is here to keep you IN business and OUT ofCourt WHAT ARE YOU WAITING ON?! CALL TODAY! (678) 739-8109 www.kendricklaw.net