Subject: File No. JOBS Act Title III
From: Joe Loofbourrow

April 24, 2012

I am an individual who would like to raise funds for a robotics project. However there are already too many restrictions with this bill to make it worth my effort to try to raise funds, but here are a few ideas any way:
1. Allow 10 million dollars to be raised in one year instead of restricting the limit to 1 million dollars - without an audit.
2. Limit the application for fundraisers to two simple pages, making cost projections extra details optional. Again without an audit.
3. Allow portals a 1 year moratorium from having to register as a brokers.
4. Allow fundraisers unrestricted use of advertising, both on the internet with conventional forms of advertising.

I will mention a few more suggestions in the near future.