May. 25, 2020
24 May 2019 Haute Fabrication 1511 3rd Ave N Fort Dodge, Iowa 50501 Ms. Vanessa Countryman Secretary Securities and Exchange Commission 100 F Street, N.E. Washington, D.C. 20549-1090 re: File No. S7-05-20 Dear Secretary Countryman, I applaud the proposed changes relating to Regulation CF and in particular raising the Regulation CF cap to 5M. This would be very enabling for entrepreneurs like myself who are in the process of starting up new companies. If a company needs more than 1.07M to get off the ground then nearly half of the 1.07M raised through Regulation CF must be spent on the legal and regulatory fees for taking the next step to Regulation A+. This greatly limits the ability of a company to leverage these initial funds for actually starting up their new business. Thank you for considering these changes that will grant greater freedom to small businesses, entrepreneurs and investors across the country. As Haute Fabrication proceeds towards its incipient OPO I wish the SEC the best of luck implementing these changes rapidly! Sincerely, Mark A. Cooper CTO Haute Fabrication