Subject: S7-05-20
From: Greg Johnson

Mar. 28, 2020


To whom it may concern: 

I hope that my email finds you doing well. My name is Greg Johnson, and I'm the founder and CEO of a company called AquiPor Technologies. 

On behalf of my team at AquiPor, I am very supportive of the proposed release of 33-10763 in its entirety. Small businesses and early-stage startups are the hardest hit by the Coronavirus crisis. They need access to capital, but sources are drying up fast. 

Regulation Crowdfunding is a great rule, but the $1.07M limit is too low to be meaningful. We would like the SEC to immediately raise it to $5M to help businesses that are hurting right now. 

Startups help create jobs and economic growth. We feel that a rule change like the one proposed would go a long way for the greater economy. 

Thank you, 

Greg G. Johnson