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U.S. Securities and Exchange Commission

The following Letter Type A, or variations thereof, was submitted by individuals or entities.

Letter Type A:

I agree with the comment submitted by Kiran Lingam at SeedInvest available at http://www.sec.gov/comments/s7-09-13/s70913.shtml that the ongoing reporting obligations should be limited to the statutorily required level and that exceptions to these requirements should be implemented for (i) small offerings below $350,000, (ii) where there can be no investment decision, (iii) for Institutional, VC or Angel led deals and (iv) where all of the investors have contractually waived the right to receive ongoing reporting.




Modified: 01/23/2014