Subject: S7-05-20
From: Jim Tulin

Mar. 27, 2020

To whom it may concern,

On behalf of small business owners everywhere I urge the SEC to immediately raise the limit on regulation crowdfunding to $5M immediately.

We are extremely supportive of the proposed release of 33-10763 in its entirety.

As you well know, small business are being crushed by the recent Coronavirus pandemic and are in need to access to capital now later. The Reg. Crowdfunding rule is great, but the $1.07M limit is way too low to be meaningful.

We urge you to react swiftly as business like ours are in need now not down the road.

Thank you.

James Tulin
Oxford Hounds Inc.