Subject: S7-05-20
From: Warren Forman
Affiliation:

Mar. 29, 2020

 


As an accredited investor, I found that the advent of crowdfunding has increased the number of startups for investment by the general public. Now, the crisis of the Coronavirus has added to the need to ramp up startups, as well amplifying the amount of capital, the access to which has been curbed by the crisis. Additionally, the original limit of $1.07M was too low; a fact that has proven out by how rapidly many startups reached that limit. Please increase that limit to $5M now, so we don???t lose the momentum which has built up.
Thank you for your time.
??
Warren L. Forman

??