The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM D

Notice of Exempt Offering of Securities

OMB APPROVAL
OMB Number: 3235-0076
Estimated average burden
hours per response: 4.00

1. Issuer's Identity

CIK (Filer ID Number) Previous Names
X None
Entity Type
0001400821
   Corporation
   Limited Partnership
X Limited Liability Company
   General Partnership
   Business Trust
   Other (Specify)

Name of Issuer
BRG Petroleum LLC
Jurisdiction of Incorporation/Organization
DELAWARE
Year of Incorporation/Organization
X Over Five Years Ago
   Within Last Five Years (Specify Year)
   Yet to Be Formed

2. Principal Place of Business and Contact Information

Name of Issuer
BRG Petroleum LLC
Street Address 1 Street Address 2
7134 South Yale Ave Suite 600
City State/Province/Country ZIP/PostalCode Phone Number of Issuer
Tulsa OKLAHOMA 74136 918-496-2626

3. Related Persons

Last Name First Name Middle Name
Burkhart James L
Street Address 1 Street Address 2
7134 South Yale Suite 600
City State/Province/Country ZIP/PostalCode
Tulsa OKLAHOMA 74136
Relationship: X Executive Officer X Director    Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Reid B J
Street Address 1 Street Address 2
7134 South Yale Suite 600
City State/Province/Country ZIP/PostalCode
Tulsa OKLAHOMA 74136
Relationship: X Executive Officer X Director    Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Burkhart Michael W
Street Address 1 Street Address 2
7134 South Yale Suite 600
City State/Province/Country ZIP/PostalCode
Tulsa OKLAHOMA 74136
Relationship: X Executive Officer X Director    Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Gee Robert E
Street Address 1 Street Address 2
7134 South Yale Suite 600
City State/Province/Country ZIP/PostalCode
Tulsa OKLAHOMA 74136
Relationship: X Executive Officer X Director    Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Wootton Clyde F
Street Address 1 Street Address 2
7134 South Yale Suite 600
City State/Province/Country ZIP/PostalCode
Tulsa OKLAHOMA 74136
Relationship: X Executive Officer X Director    Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Williams Steven J
Street Address 1 Street Address 2
7134 South Yale Suite 600
City State/Province/Country ZIP/PostalCode
Tulsa OKLAHOMA 74136
Relationship: X Executive Officer X Director    Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Gruns Scott S
Street Address 1 Street Address 2
7134 South Yale Suite 600
City State/Province/Country ZIP/PostalCode
Tulsa OKLAHOMA 74136
Relationship: X Executive Officer X Director    Promoter

Clarification of Response (if Necessary):


4. Industry Group

   Agriculture
Banking & Financial Services
   Commercial Banking
   Insurance
   Investing
   Investment Banking
   Pooled Investment Fund
Is the issuer registered as
an investment company under
the Investment Company
Act of 1940?
   Yes    No
   Other Banking & Financial Services
   Business Services
Energy
   Coal Mining
   Electric Utilities
   Energy Conservation
   Environmental Services
X Oil & Gas
   Other Energy
Health Care
   Biotechnology
   Health Insurance
   Hospitals & Physicians
   Pharmaceuticals
   Other Health Care
   Manufacturing
Real Estate
   Commercial
   Construction
   REITS & Finance
   Residential
   Other Real Estate
  
Retailing
  
Restaurants
Technology
   Computers
   Telecommunications
   Other Technology
Travel
   Airlines & Airports
   Lodging & Conventions
   Tourism & Travel Services
   Other Travel
  
Other

5. Issuer Size

Revenue Range OR Aggregate Net Asset Value Range
   No Revenues    No Aggregate Net Asset Value
   $1 - $1,000,000    $1 - $5,000,000
   $1,000,001 - $5,000,000    $5,000,001 - $25,000,000
   $5,000,001 - $25,000,000    $25,000,001 - $50,000,000
X $25,000,001 - $100,000,000    $50,000,001 - $100,000,000
   Over $100,000,000    Over $100,000,000
   Decline to Disclose    Decline to Disclose
   Not Applicable    Not Applicable

6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)

   Rule 504(b)(1) (not (i), (ii) or (iii))
   Rule 504 (b)(1)(i)
   Rule 504 (b)(1)(ii)
   Rule 504 (b)(1)(iii)
   Rule 505
X Rule 506(b)
   Rule 506(c)
   Securities Act Section 4(a)(5)
   Investment Company Act Section 3(c)
   Section 3(c)(1)    Section 3(c)(9)  
   Section 3(c)(2)    Section 3(c)(10)
   Section 3(c)(3)    Section 3(c)(11)
   Section 3(c)(4)    Section 3(c)(12)
   Section 3(c)(5)    Section 3(c)(13)
   Section 3(c)(6)    Section 3(c)(14)
   Section 3(c)(7)

7. Type of Filing

   New Notice Date of First Sale 2014-04-17    First Sale Yet to Occur
X Amendment

8. Duration of Offering

Does the Issuer intend this offering to last more than one year?
   Yes X No

9. Type(s) of Securities Offered (select all that apply)

   Equity    Pooled Investment Fund Interests
   Debt    Tenant-in-Common Securities
   Option, Warrant or Other Right to Acquire Another Security X Mineral Property Securities
   Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security    Other (describe)

10. Business Combination Transaction

Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?
   Yes X No

Clarification of Response (if Necessary):

11. Minimum Investment

Minimum investment accepted from any outside investor $5,000 USD

12. Sales Compensation

Recipient
Recipient CRD Number    None
Nicholas Cochran 713570
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
LSY, Inc. dba American Investors Company Inc 38
Street Address 1 Street Address 2
2682 Bishop Drive Suite 123
City State/Province/Country ZIP/Postal Code
San Ramon CALIFORNIA 94583
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
CONNECTICUT
NEVADA
NEW YORK
UTAH

Recipient
Recipient CRD Number    None
A J Houston 1379223
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
LSY, Inc. dba American Investors Company Inc 38
Street Address 1 Street Address 2
2682 Bishop Drive Suite 123
City State/Province/Country ZIP/Postal Code
San Ramon CALIFORNIA 94583
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
NEVADA

Recipient
Recipient CRD Number    None
Jack Kenny 268043
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
LSY, Inc. dba American Investors Company Inc 38
Street Address 1 Street Address 2
2682 Bishop Drive Suite 123
City State/Province/Country ZIP/Postal Code
San Ramon CALIFORNIA 94583
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
CONNECTICUT
NEW YORK

Recipient
Recipient CRD Number    None
Joel Knight 1379212
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
LSY, Inc. dba American Investors Company Inc 38
Street Address 1 Street Address 2
2682 Bishop Drive Suite 123
City State/Province/Country ZIP/Postal Code
San Ramon CALIFORNIA 94583
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Clarence Yee 474356
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
LSY, Inc. dba American Investors Company Inc 38
Street Address 1 Street Address 2
2682 Bishop Drive Suite 123
City State/Province/Country ZIP/Postal Code
San Ramon CALIFORNIA 94583
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Bryan Kocen 2119036
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Financial Goal Securities Inc 19066
Street Address 1 Street Address 2
35900 Bob Hope Drive Suite 202
City State/Province/Country ZIP/Postal Code
Rancho Mirage CALIFORNIA 92270
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
COLORADO
CONNECTICUT
GEORGIA
ILLINOIS
KENTUCKY
MARYLAND
MASSACHUSETTS
NEBRASKA
NEW HAMPSHIRE
NEW JERSEY
NEW YORK
NORTH CAROLINA
OHIO
PENNSYLVANIA
TEXAS
VIRGINIA
WASHINGTON
WEST VIRGINIA

Recipient
Recipient CRD Number    None
Gail Kocen 2259803
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Financial Goal Securities Inc 19066
Street Address 1 Street Address 2
35900 Bob Hope Drive Suite 202
City State/Province/Country ZIP/Postal Code
Rancho Mirage CALIFORNIA 92270
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Joel Kocen 1306954
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Financial Goal Securities Inc 19066
Street Address 1 Street Address 2
35900 Bob Hope Drive Suite 202
City State/Province/Country ZIP/Postal Code
Rancho Mirage CALIFORNIA 92270
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
COLORADO
CONNECTICUT
ILLINOIS
MASSACHUSETTS
NEW YORK
TEXAS
VIRGINIA
WEST VIRGINIA

Recipient
Recipient CRD Number    None
Kenneth Foreman 2284242
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Foothill Securities Inc 1027
Street Address 1 Street Address 2
150 E Dana Street
City State/Province/Country ZIP/Postal Code
Mountain View CALIFORNIA 94041-1508
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Russell Ketron 26772
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Protected Investors of America 6082
Street Address 1 Street Address 2
235 Montgomery Street Suite 1050
City State/Province/Country ZIP/Postal Code
San Francisco CALIFORNIA 94104
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
MICHIGAN
NEVADA

Recipient
Recipient CRD Number    None
Helen Dietz 1268071
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Stanford Investment Group Inc 103331
Street Address 1 Street Address 2
2570 West El Camino Real Suite 520
City State/Province/Country ZIP/Postal Code
Mountain View CALIFORNIA 94040
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
NEW MEXICO
NORTH CAROLINA

Recipient
Recipient CRD Number    None
Donald Finsthwait 208106
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Stanford Investment Group Inc 103331
Street Address 1 Street Address 2
2580 West El Camino Real Suite 520
City State/Province/Country ZIP/Postal Code
Mountain View CALIFORNIA 94040
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
IDAHO
TEXAS

Recipient
Recipient CRD Number    None
Robert E Gee 219226
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Stanford Investment Group Inc 103331
Street Address 1 Street Address 2
2570 West El Camino Real Suite 520
City State/Province/Country ZIP/Postal Code
Mountain View CALIFORNIA 94040
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
ARIZONA
CALIFORNIA
COLORADO
CONNECTICUT
FLORIDA
HAWAII
MISSOURI
NEVADA
NEW YORK
NORTH CAROLINA
OHIO
OKLAHOMA
OREGON
TEXAS
VIRGINIA
WISCONSIN

Recipient
Recipient CRD Number    None
Jeffrey Keimer 845620
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Stanford Investment Group Inc 103331
Street Address 1 Street Address 2
2570 West El Camino Real Suite 520
City State/Province/Country ZIP/Postal Code
Mountain View CALIFORNIA 94040
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
ARIZONA
CALIFORNIA
NEW YORK

Recipient
Recipient CRD Number    None
Dieter Kaelker 1042354
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Foothill Securities Inc. 1027
Street Address 1 Street Address 2
150 E Dana Street
City State/Province/Country ZIP/Postal Code
Mountain View CALIFORNIA 94041-1508
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
OREGON

Recipient
Recipient CRD Number    None
Martin Shapiro 1386124
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Foothill Securities Inc. 1027
Street Address 1 Street Address 2
150 E Dana Street
City State/Province/Country ZIP/Postal Code
Mountain View CALIFORNIA 94041-1508
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Mary Warga 874496
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Foothill Securities Inc. 1027
Street Address 1 Street Address 2
150 E Dana Street
City State/Province/Country ZIP/Postal Code
Mountain View CALIFORNIA 94041-1508
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
NORTH CAROLINA

Recipient
Recipient CRD Number    None
Mary Gustafson 1211486
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Foothill Securities, Inc. 1027
Street Address 1 Street Address 2
150 E. Dana Street
City State/Province/Country ZIP/Postal Code
Mountain View CALIFORNIA 94041-1508
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Richard Warga 603578
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Foothill Securities, Inc. 1027
Street Address 1 Street Address 2
150 E. Dana Street
City State/Province/Country ZIP/Postal Code
Mountain View CALIFORNIA 94041-1508
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
NORTH CAROLINA

Recipient
Recipient CRD Number    None
Jordan Gibbs 5567629
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Financial Goal Securities, Inc. 19066
Street Address 1 Street Address 2
35900 Bob Hope Drive Suite 202
City State/Province/Country ZIP/Postal Code
Rancho Mirage CALIFORNIA 92270
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
ALABAMA
CALIFORNIA
ILLINOIS

Recipient
Recipient CRD Number    None
John Kirkpatrick 5217694
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Stanford Investment Group, Inc. 103331
Street Address 1 Street Address 2
2570 West El Camino Real Suite 520
City State/Province/Country ZIP/Postal Code
Mountain View CALIFORNIA 94040
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
TEXAS

Recipient
Recipient CRD Number    None
Talia Pierluissi 5134737
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Stanford Investment Group, Inc. 103331
Street Address 1 Street Address 2
2570 West El Camino Real Suite 520
City State/Province/Country ZIP/Postal Code
Mountain View CALIFORNIA 94040
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Gregory Hubbell 705250
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Foothill Securities, Inc. 1027
Street Address 1 Street Address 2
150 E. Dana Street
City State/Province/Country ZIP/Postal Code
Mountain View CALIFORNIA 94041-1508
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
John Parsons 4840784
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Foothill Sercurities, Inc. 1027
Street Address 1 Street Address 2
150 E. Dana Street
City State/Province/Country ZIP/Postal Code
Mountain View CALIFORNIA 94041-1508
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
PENNSYLVANIA

Recipient
Recipient CRD Number    None
Ben Wong 1211472
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Financial Telesis, Inc. 31012
Street Address 1 Street Address 2
4340 Redwood Hwy Suite A-23
City State/Province/Country ZIP/Postal Code
San Rafael CALIFORNIA 94903
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA
HAWAII
ILLINOIS
NEVADA
OREGON

Recipient
Recipient CRD Number    None
Stephen Carlton 2057583
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Independent Financial Group LLC 7717
Street Address 1 Street Address 2
12671 High Bluff Dr Suite 200
City State/Province/Country ZIP/Postal Code
San Diego CALIFORNIA 92130-3018
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
MINNESOTA
WISCONSIN

Recipient
Recipient CRD Number    None
William Swayne III 26772
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Independent Financial Group LLC 7717
Street Address 1 Street Address 2
12671 High Bluff Dr Suite 200
City State/Province/Country ZIP/Postal Code
San Diego CALIFORNIA 92130-3018
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
WASHINGTON

Recipient
Recipient CRD Number    None
Howard Zwillinger 1306311
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Thomas M. Nixon & Associates Inc 17047
Street Address 1 Street Address 2
4775 Wallingford Street
City State/Province/Country ZIP/Postal Code
Pittsburg PENNSYLVANIA 15213-1771
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
PENNSYLVANIA

Recipient
Recipient CRD Number    None
James Doug Horn 1721412
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Foothill Sercurities, Inc. 1027
Street Address 1 Street Address 2
150 E. Dana Street
City State/Province/Country ZIP/Postal Code
Mountain View CALIFORNIA 94041-1508
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
TENNESSEE
TEXAS

13. Offering and Sales Amounts

Total Offering Amount $15,000,000 USD
or    Indefinite
Total Amount Sold $15,000,000 USD
Total Remaining to be Sold $0 USD
or    Indefinite

Clarification of Response (if Necessary):

14. Investors

X
Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering.
16
Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering:
244

15. Sales Commissions & Finder's Fees Expenses

Provide separately the amounts of sales commissions and finders fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.

Sales Commissions $818,130 USD
   Estimate
Finders' Fees $0 USD
   Estimate

Clarification of Response (if Necessary):

16. Use of Proceeds

Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.

$825,000 USD
X Estimate

Clarification of Response (if Necessary):

Signature and Submission

Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.

Terms of Submission

In submitting this notice, each issuer named above is:
  • Notifying the SEC and/or each State in which this notice is filed of the offering of securities described and undertaking to furnish them, upon written request, in the accordance with applicable law, the information furnished to offerees.*
  • Irrevocably appointing each of the Secretary of the SEC and, the Securities Administrator or other legally designated officer of the State in which the issuer maintains its principal place of business and any State in which this notice is filed, as its agents for service of process, and agreeing that these persons may accept service on its behalf, of any notice, process or pleading, and further agreeing that such service may be made by registered or certified mail, in any Federal or state action, administrative proceeding, or arbitration brought against the issuer in any place subject to the jurisdiction of the United States, if the action, proceeding or arbitration (a) arises out of any activity in connection with the offering of securities that is the subject of this notice, and (b) is founded, directly or indirectly, upon the provisions of:  (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its principal place of business or any State in which this notice is filed.
  • Certifying that, if the issuer is claiming a Regulation D exemption for the offering, the issuer is not disqualified from relying on Regulation D for one of the reasons stated in Rule 505(b)(2)(iii) or Rule 506(d).

Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.

For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.

Issuer Signature Name of Signer Title Date
BRG Petroleum LLC B. J. Reid B. J. Reid President 2014-09-18

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

* This undertaking does not affect any limits Section 102(a) of the National Securities Markets Improvement Act of 1996 ("NSMIA") [Pub. L. No. 104-290, 110 Stat. 3416 (Oct. 11, 1996)] imposes on the ability of States to require information. As a result, if the securities that are the subject of this Form D are "covered securities" for purposes of NSMIA, whether in all instances or due to the nature of the offering that is the subject of this Form D, States cannot routinely require offering materials under this undertaking or otherwise and can require offering materials only to the extent NSMIA permits them to do so under NSMIA's preservation of their anti-fraud authority.