Peer To Peer Network Launches Reg CF Campaign and Opens Investment to Non-Accredited Investors

Peer To Peer Network, also known as Mobicard Inc., has filed an effective Form C with the SEC and launched a Reg CF crowdfunding campaign, enabling non-accredited investors to purchase stock directly. The campaign offers a unique investment opportunity with shares available for as low as $250. The initiative aims to democratize investment opportunities, promoting inclusivity and fostering broader participation in the company's growth. A total of $120,000 can be raised under this exemption, with the potential for increased visibility and funding through advertising on social media and the web.

Peer-to-peer network Mobicard Inc., also known as "p[Company Name]/p," has recently taken a significant step towards democratizing investment opportunities by launching a Regulation Crowdfunding (Reg CF) campaign with the Securities and Exchange Commission (SEC) [1]. This groundbreaking initiative enables non-accredited investors to purchase company stock directly, offering a unique investment opportunity with shares available for as low as $250 [2].

The Reg CF campaign is part of Title III of the Jumpstart Our Business Startups (JOBS) Act of 2012, which added Securities Act Section 4(a)(6) to provide an exemption from registration for certain crowdfunding transactions [1]. In response to this, the SEC adopted Regulation Crowdfunding in 2015 to implement the requirements of Title III [1].

Under Reg CF, eligible companies are permitted to raise capital by offering and selling securities to the public, subject to specific requirements [1]. One such requirement is the maximum offering amount, which is set at $1,070,000 in a 12-month period [1]. This cap ensures that companies do not raise excessive amounts of capital through the platform while maintaining investor protection.

Furthermore, individual investors are subject to certain limits to participate in Reg CF offerings. If an investor's annual income or net worth is less than $107,000, their investment limit is the greater of $2,200 or 5% of their lesser annual income or net worth [1]. Conversely, if both their annual income and net worth are equal to or more than $107,000, their investment limit is 10% of their lesser annual income or net worth [1]. These limits aim to prevent individuals from investing more than they can afford while maintaining a diversified portfolio.

Mobicard Inc.'s Reg CF campaign represents a significant step towards democratizing investment opportunities and promoting inclusivity in the financial markets. With a potential to raise $120,000 under this exemption [2], the company also gains increased visibility and potential funding through advertising on social media and the web [2]. As the company continues to grow and innovate, this unique investment opportunity allows a broader range of investors to participate and contribute to its success.

[1] Securities and Exchange Commission. (2016, May 13). Regulation Crowdfunding. Retrieved from https://www.sec.gov/info/smallbus/secg/rccomplianceguide-051316

[2] Mobicard Inc. (n.d.). Reg CF Crowdfunding Campaign. Retrieved from https://www.mobicardinc.com/invest