[edoceo]

50 people, $2200 each, raise under Reg-CF? Just need the 50 people. Or if they are acredited then Reg504 or 506 and a Delaware LLC.

[zvr]

The $100K was for doing the work to make the offer to buy Letterbox.

This offer need to somehow include something like $160M.

The comment you're replying to pointed out that there is no explanation how this money will be raised. "50 people, $2200 each" does not cover it.