Domer Corporation is preparing to issue a relatively small amount of securities and does not want to go to the trouble and expenses of filing a registration statement with the SEC. Company official hope to be exempt under provision of Regulation A. These officials want to be certain that they meet these provisions precisely so that no later legal problems arise.
Go to the Web site http://www.sec.gov/ and then select corporate Finance under Divisions. Then select the link for Statues, Rules, and forms, followed by the Rules and Regulation Link. Based on the information provide for regulation A, prepare a report for Domer Corporation officials as to the requirement for exemption and advise as to the maximum amount of capital that may be raised through such issuance. Assuming that the Domer Corporation is a development stage company, revise the report. Note specifically Regulation 230, 251