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shields@lwshields.com

RULE 506 (b) versus RULE 506(c)

RULE 506 (b) versus RULE 506(c)

RULE 506(b)

You cannot advertise at all.

You must have a prior relationship with the investor before you can take their money.

You can take funds from an unlimited number of Accredited Investors.

You can take investor funds from up to a maximum of 35 NON-ACCREDITED Investors.

Rule 506(c)

You can advertise.

You cannot take any money from non-accredited investors.

You can take money from an unlimited number of Accredited Investors.

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