Crucial White Cyclorama Studios LA

February 28, 2010 on 1:35 am | In News | Comments Off

The white cyclorama studios LA has become an essential device when it comes to video producing, and without this, quality and movie creative imagination would’ve been thrown from the window a long time back. White cycs were first produced from a model created for German theatres. It was later on improved over time, making it a lot more easy for the end users. The improvements that the white cyc has made towards the quality of movies and pictures in our era are essential. If you’re an aspiring film maker looking for somewhere to film, you should think about finding yourself a great quality white cyclorama studios LA. However, LA is really a large city and there’s a likelihood that you will run into a number of white cyclorama studios that may possess poor quality cycs.

Generally, a good facility must have a big enough space to house all the crew and cast, and also sufficient space for any maneuvers you need to do for stunts as well as other shots. A high ceiling cannot be over highlighted when looking for a white cyclorama studios LA. With a high ceiling, you are able to shoot coming from any angle you want. A low ceiling alternatively may inconvenience you because it will limit you to the level of shots you are able to get.

White cyclorama studios LA may give you much space depending on the quantity that you might want. They are usually quite pricey but they will not disappoint you in terms of service. However, regardless how good their services are, if they don’t possess a high ceiling, they are not worth your time and money, particularly if you are going to need lots of special effects with shooting a film.

As time passes, the technologies utilized to light up white cyclorama studios LA have progressed. The advanced technologies associated with our time has placed emphasis on the desire to have good illumination. The amount of lighting applied should be enough to not make the stars squint in the face of the light yet nor should this make them perspire. Also keep in mind that you will produce shadows with too much lighting. The lights should be just enough to be able to provide you with the effect you wish.

Occasionally, you will need to use lighting experts to make shooting using white cycs less difficult for you. Experts usually are on hand in the studio to help you when you need them. You’ll be glad you hired these people because you will have better quality video footage to show for it. A good white cyclorama studios LA will also have editing services for your production. Appropriate lighting and a good white cyclorama backdrop can combine to make the subject of your pictures pop out. It’ll pull the main focus off the other things and into the center of the picture and your photography.

There are so many other websites offering a variety of forms of advice on how to use White Cyc but most of them are not very specific or concise. Before following these, make sure to check my own articles and reviews on White Cyclorama Studios LA and White Cyc Rentals, You can also reach me at 1-323-851-3825 or phillipguye@hotmail.com

A Brief Introduction To Clean Solar Energy

February 27, 2010 on 6:42 am | In News | Comments Off

Clean solar energy is something that has been around for an enormous amount of time in one form or another. We use the sun to keep warm, and we use it to power electrical installations. Solar power plants are not very common these days still, because they don’t produce a great amount of electricity, but as technology continues to advance, so does this.

However, solar cells are becoming more and more advanced and more efficient. Of course, they will always need a certain degree of sunlight to be able to charge them up again and supply your house of electricity. There will always be areas in the world which simply don’t get enough sunlight to be able to profit from them, but these areas are in a small minority.

If you are more into doing your own things, then you might want to consider getting a DIY kit. Building in setting up your own solar powered energy plant at home is not as complicated as you might think. There are many kids to get you started which are much cheaper than a lot to the other options. You also get something which is fully customized and probably more suitable for your needs.

You can buy kits which are already set up and can be installed very quickly. These are of course the most expensive but they are the most convenient for many people. However, if you are more do it yourself orientated, then there is absolutely no reason why you can’t build your own set up.

Building your own setup is a popular alternative and something which is becoming more and more popular by the day. The Internet has a wealth of information on the subject and you can find plenty of video tutorials and guides including plenty of free information.

You can buy a do it yourself kits for a modest price and you will also save a lot of money. If you are practically inclined, then there is no reason why you shouldn’t go for this option. You also get something which is more customized and better suited to your specific requirements.

In certain cases, you can even make money rather than just saving money with a solar panel installation. If you do not use a lot of electricity in your house and you generate more electricity than you need, in certain areas, you can sell it back into the main grid, any new money from your own home power supply. So, it does far more than just save the environment.

Learn more about Chandler solar panels. Stop by Jim Lowers’s site where you can find out all about Bel Air solar panels and what it can do for you.

Exploring Green Screen Stage Tutorials

February 26, 2010 on 1:53 am | In News | Comments Off

Preparation stands out as the key to the successful accomplishment of a venture. Green screen stage tutorials are a beneficial way of preparing for any photographer, movie maker or film producer intending to use green screen or “chroma key” engineering in development of a motion picture, video or photograph. Some studios have even gone a step further and they provide these tutorials within their establishments. This is advantageous to the users, normally actors, photographers and movie makers since it is a lot easier and better to function with something that is well understood.

With green screen stage tutorials, famous actors, motion picture makers, photographers and even students have an edge when it comes to the use or choice of a great stage at a great price. As the saying goes, expertise is strength, and indeed, experience about chroma key technology acquired through stage tutorials empowers the individual or group of users with important information and facts and abilities, which are helpful in creating the greatest use, and prudent choices about chroma key technology.

Obtaining adequate awareness of chroma key engineering procured through green screen stage tutorials enables one to generate several different and varied settings for a single photograph, film or production. More importantly, it gets better when the person can manipulate backgrounds without seeking guidance from a professional or a chroma key expert. This is rather resourceful in terms of lowering pricing that could otherwise be fees for products and services rendered by the expert or professional. Besides one can come up with captivating, exciting and interesting varieties of productions, which in turn would most likely bring more customers and retain the existing ones.

In the same breath, green screen stage tutorials equip the individual or group with expertise on how the screens are made, the components required, what to take into consideration, the finest type of display screen and other information concerning the engineering. This would most likely also be instrumental in cutting development charges since with the know-how, one can simply produce their own display and eliminate the requirement to buy or rent one. Today, with advances in engineering and info, it is probable to get stage tutorials on the internet, and thus one can learn the engineering on their own by searching on the internet and following the steps in the tutorial. In effect, the knowledge acquired from these on the internet tutorials will equip the individual not only with the theoretical awareness, unfortunately also practical direct exposure to chroma key engineering, since it is feasible to try out working with applications on the pc employing certain specific software.

In addition, green screen stage tutorials in turn enable individuals to remain more competitive in the film, photography or film industry, obtaining been well equipped and informed on chroma key technology. In addition, it is a lot easier to be more flexible, innovative and varied when employing software. This allows for a variety of dissimilar options and styles of working with chroma key technology, which can be a major boost in terms of customer satisfaction and variety of choices to perform with.

There are so many other websites giving a variety of forms of advice on how to use green screen but a lot of them are not very specific or precise. Be sure to check my own articles and reviews on Green Screen Stage Tutorials and Green Screen Rentals, You can also reach me at 1-323-851-3825 or phillipguye@hotmail.com

The Importance Of Foreclosures On The Boise Real Estate Marketplace

February 25, 2010 on 7:16 am | In News | Comments Off

Being featuring among the nation’s most foreclosure burdened cities is not the greatest designation to have. Although many houses in the region are in some degree of default, the market has started to experience stabilization due to some very important factors.

The first of these factors is that primary mortgage insurance has fallen in price. This is due to the comeback of appreciation to the marketplace. Trying to balance out risk and reward, PMI companies tend to insure homes that will tend to preserve their worth most readily. This scenario rarely ends up benefiting any of the parties involved at all. This is the reason that many buyers in the Boise Idaho real estate market have had extreme difficulty in completing real estate transactions.

Limiting exposure is always an important part of any business and banks and insurance companies are lead by similar principles in their day to day operations. Making loans in markets that are losing value is a quick way for banks to fail and they protect themselves by reducing loan frequency in depreciating areas. Before the Boise Idaho real estate market was marked as an appreciating market again, sales and transaction suffered under the limiting lending circumstances.

As you can expect, when these sorts of pressures empty a marketplace, prices go into a drop. This may look real overwhelming, but it really facilitates the marketplace. Educated buyers use these times to most advantageously position themselves in the Boise Idaho real estate market. With funding from the federal government, banks are agreeing to approve loan modifications for homeowners at risk of losing their homes to slow the foreclosure rate. Modifying the principle balance of a loan, or reducing the interest rate is one very successful way to keep homeowners from walking away, and make it affordable to stay.

As foreboding as the national real estate market reports are, many areas are beginning to show signs of improvement and recovery, so make sure your are ready when it comes. Many investors are already preparing themselves to again, invest in rentals and other real estate property.

The author enjoys writing articles about boise real estate & boise idaho real estate. To learn more about these topics click on the links above!

Discover All The Weird Mormon Beliefs

February 24, 2010 on 3:43 am | In News | Comments Off

There is no doubt that Joseph Smith certainly laid the foundation for the Mormon religion. Many of the guidelines as far as the beliefs go is that the Mormons are to be constantly seeking out the word of God in respect to the truthfulness of the book of Mormon. They are told that the positive response to this would be a burning in their bosom. It would appear that most Mormons really don’t study their book or really know all that much about the contents of it. There are indications that this religion is certainly against everything that Christianity as we know it as for what it stands for. To begin with they believed that at one point in time God was a man .They believe according to their doctrine if they have lived a good life then one day they will become gods and will be in charge of their own heaven.

The next fallacy is that God the Father had many wives and that he is still alive and bearing spiritual children . Then there is a belief that Jesus was a spirit brother to Satan. They go on to believe that individuals who have black skin are inferior. That certainly brings to mind the Freemasons once again. It is believed by the Mormons that those that didn’t fight for God came back to earth as a black. It has only been in the last little while that blacks were allowed to become priests within the Mormon religion .

They believe that everyone is saved by grace provided they have done everything they possibly can to live within the Mormon doctrine or have just failed a very few of the Mormon beliefs. Yet again it becomes almost a confusing type of religion because it would seem that no one has a strict foundation doctrine. If you were to start off asking five different Mormons what they believe you will never get the same answer. Again this is like the Freemasons.

Because the Mormons are very zealous in their recruitment by way of being missionaries there are many individuals that are added to the congregation that are unknowing just what they are getting into. Amongst their beliefs is also the fact that they must give generously according to their means of which is typing. Now this isn’t something that is just unique to the Mormons as many religions stand by this as well. It’s just a matter of how far to the Mormons take it.

When one looks at the many similarities to the Mormons and the Freemasons it makes one wonder if the Mormons is actually a spin off of the Freemasons. It stands to reason that this is denied as the Freemasons deny affiliation with any other sector, as so do the Mormons.

Are you looking for authentic and unbiased lds temples scriptures? Visit SecretsofMormons now to access over 10,000 pages of lds scripture and out-of-print mormon manuscripts.

Endless Special Effects Through Green Screen Studio

February 23, 2010 on 1:56 am | In News | Comments Off

Filming at a green screen studio is a very fantastic experience. Filming is quite easy as you don’t have to shuttle between various locations. Additionally , it does not shake your budget up as well. These days, movie-makers are giving lots of consideration to how much money that they would likely invest on a film. It is crucial for them to count each and every dollar prior to shelling it out. No wastage can be afforded as funds are in such a short supply. Hence in the event that you were to take in a facility like this, you must ensure that your cash was invested properly and not a dollar must be tossed down the drain.

Searching for a studio that can provide the special-effects making technologies that a green screen studio presents should be one of the items that are on top of a director’s list. This runs specifically true in case he is capturing a movie that involves dinosaurs and oversized crocs, or perhaps a scene with J Lo and Brad Pitt as they lay around sensuously on the mossy grounds of an incredible, alien Amazon woodland. He certainly won’t be successful if he is going to start looking for a real forest, aiming to shoot these kinds of prehistoric animals.

As opposed to seeking to do the impossible, he could just approach the technical staff of green screen studio and they will could help him a great deal. These people would be in a position to help him by giving usable recommendations in making just the kind of ambience that he is looking for. Contemplating the reality that he is seeking for a thing out from the Ice Age, he may have to be quite clear on his specifications. Whether it be dinosaurs or the setting of an exotic land, everything is achievable with green screen studio.

After the specifications are recognised to the staff with green screen studio, it is their job to offer all the resources required to ensure that the particular shot is done in accordance to the specs furnished. All through the year, the staff is faced with challenging ever-changing conditions in which the demands keep becoming more and more harder than before. Nonetheless, they try their best to provide what the director is looking for so that they are able to preserve their status as the best all-in-one shop with regard to just about all studio needs.

Because green screen studio can be hired on an hourly basis, the staff members are usually prepared to operating with flexible hours so that the studio could be engaged for a more lengthy stretch of time with a significantly cheaper expense. The total amount paid also entitles the director and the team to be assisted by a technical staff of the studio. This staff would ensure that all the green screen studio equipment will work accordingly and correctly. As soon as this is done, the job can go on unhindered and the final result is usually a whole lot better than what the director was hoping for. Even the artists are now experiencing that awareness of professionalism encircling the whole studio which also includes the staff as well.

There are so many other sites giving various forms of advice on how to use green screen but a lot of them are not very specific or concise. Before following these, make sure to check my own articles and reviews on Green Screen Studio and Green Screen Rentals, You can also reach me at 1-323-851-3825 or phillipguye@hotmail.com

Green Screen LA – Unlimited Potential

February 22, 2010 on 1:09 am | In News | Comments Off

Many pictures that are filmed in LA would not be possible without the help of the green screen. How else would Godzilla stomp through New York? How could imaginary universes such as the one in Star Trek be possible? How could a film resemble a graphic novel so accurately? Despite how pretty a city los angeles is, L.A. Filmmakers can’t just create settings that look like they came right from comic books or the minds of the most imaginative film makers in simply a snap of a finger. In brief without the green screen LA ( a term coined from the prevalent use of these sort of screens in LA studios ) technology that many studios in los angeles have adopted as the only way to develop computer effects, our movie-watching experiences will have a lot of boundaries. Thankfully , L. A. film makers have really discovered the joys of these screens and it’s technology is here to stay.

The chroma key technique is all about mixing 2 different pictures with one another. The foreground is kept while the background is replaced with another image. This is exactly why the background used must be a solid color. It makes it straightforward for L.A. Film makers and visual effects technicians to replace it with a different picture. Today, the most well liked background color used in the numerous studios spread round los angeles is green. This is because light is responsive to this color, so meticulous lighting isn’t required anymore. It also produces clean lines and less noise.

A good example that makes use of the screen is the up to date smash flick “300.” Shot wholly in a motion picture studio in L. A. , the film relies heavily on visible effects to recreate the atmosphere and feel of Sparta right in the middle of L.A. Another thing the filmmakers considered is the look of the film. It had to are like the exact graphic novel. This wouldn’t be possible without the screen. In this movie, the actors were shot in front of the green screen. Finishing touches were added in post production. The background images used were all created with aid from assorted special effects like CGI. The film looked like a cohesive whole, even though layers and layers of elements were used to come up with the final product. This would not be possible without the this type of technology that L.A. Film makers have really harnessed to it’s maximum capacity.

For green screen LA technology to work, there are some really important factors to be considered. First, although in depth lighting isn’t required, there’s no excuse to use unacceptable lighting. Only the best cameras and lights should be used when filming employing a screen. Also, it is essential to avoid casting shadows on the screen. This may be a blemish that’ll be tricky to retouch. Remember that the employment of a green screen is to have nominal work. Not using the screen the best way will definitely defeat the purpose of ever using it.

The green screen is a flexible tool. For filmmakers in los angeles and all over the globe, it aids them to create or even recreate the most interesting settings right in the middle of L.A. It is also a vital tool for photographers because it aids them to make more refinements to their photographs. Green screen LA technology is undoubtedly a extremely handy tool in the movie industry. It makes the not possible possible and brings what we are able to only dare to picture to life. Green screen rentals and materials can be found all around the town of los angeles.

There are a lot of other sites giving various forms of advice on how to use green screen but a lot of them are not very specific or concise. Before following these, make sure to check my own articles and reviews on Green Screen LA and Green Screen, You can also reach me at 1-323-851-3825 or phillipguye@hotmail.com

Green Screen LA And The Determined Attorney

February 21, 2010 on 2:40 am | In News | Comments Off

In this world with diminishing resources and a struggling economy that is doing all it can to remain afloat, there are numerous medical doctors, lawyers and corporate specialists who are doing everything that they could to market their particular services to the world. They are trying their best to make folks believe that their method of doing things are the best and that there can be no doubt that the fees that they charge are validated. Where then, does the green screen LA fit into the domain of these driven folks? It is definitely not difficult to imagine how and why these specialists ought to make full use of the most ingenious approaches of film-making to help their very own ends, in financial terms and otherwise.

Take the circumstance of the ambitious lawyer; this is a professional who has graduated from a good law school. His sole intention is to make it big not merely on the legal front, but in politics also. Law and politics are always interlinked and any literate individual, with a degree of intelligence can decipher why the lawyer wants to use only the very best cameraman in the business. He knows the individual concerned must be an innovative genius when it came to making use of the green screen LA. He likewise understands that this cameraman ought to make a video clip for him that would drive his career to greater heights as an attorney.

So there he is, this lawyer whose motto would be To Save Everybody… all suited up, having a look of practiced shrewdness upon his face, awaiting for his potential customers to be seduced by his dialogue: hook, line and sinker. Fall, they did as he succeeded in having at the least ten new clients the first week after the recording was released. Precisely how did this happen? Where did the green screen LA come in? The cameraman had employed the green screen approach to get the lawyer in front of the plain green screen. The backdrop was digitally removed and a picture of a court (complete with judge, jury and witnesses) was superimposed. The likely customer got a first-hand taste of what it really had been like to be in a courtroom with a sensible and experienced legal representative arguing his case.

This really is just the beginning of an extensive list of things that you can do when using the green screen LA. All you’ll need is the right kind of equipment, the correct illumination equipment and most importantly, a sizable quantum of creative resourcefulness. A mix of all 3 will take you to places that you have never been to; boosting your image as the most qualified lawyer around.

Today, there are tons of folks who get professional cameramen as well as film-makers to put together the most strange videos only for the heck of it. Females in bikinis standing from the backdrop of the tundra icescape or even aliens coming to the Empire State Building are only a couple of such insane images. It is obvious that the green screen LA attribute is here to stay. With green screen LA, anything is possible.

There are a lot of other sites offering different forms of advice on how to use green screen but a lot of them are not very detailed or concise. Before following these, be sure to check my own articles and reviews on Green Screen LA and Green Screen Rentals, You can also reach me at 1-323-851-3825 or phillipguye@hotmail.com

Easily Find Angel Investors, Private Investors, Hard Money Lenders and Venture Capital Firms

February 20, 2010 on 1:23 am | In online insurance | Comments Off

How To Find All The Angel Investors And Venture Capital Financing You’ll Ever Need! The once definitive line that would separate hard money and private/angel financing has merged into a hybrid of sorts in the past few years. As the economy has taken a dive and structured private lending firms have felt the crunch we are finding many of these lending solutions closing its doors and re-opening as privately owned and managed funding options with an interest in both lending and seed investment.

Approval decisions that were once made by a group are not being made by an individual or duo with an eye toward optimal capitalization with both short term and long term agendas. As investors are, now more than ever, trying to get as much bang out of their buck, entrepreneurs are in the precarious position of accepting funding from virtually any and every enterprise that is making an offering. That said, it is more important now than ever to swing open your mind to the possibilities of mass exposure of your opportunity to the investment world.

The best way to do this is to simply put your business in constant and automated ‘introduction’ mode so that you can be found by the moneymen. The best way to do this is to heavily investigate the venture capital industry for executives who have created offshoot programs that have deviated their process from the traditional path of simply approving or declining a transaction.

There are many VC professionals who want to capitalize off of the projects that their firm cannot accept due to underwriting criteria and industrial genre specialization so they are starting these small but well managed financial source databases where members can place their transaction directly in front of thousands upon thousands of angel investors, private investors, hard money lenders, venture capital firms, private equity firms and other alternative finance solutions.

These websites are now the hottest thing in the capital markets and will continue to grow because of the high success rate of individual executives and entrepreneurs who are able to find multiple streams of financing options with the click of a button.

Do You Need Financing For Your Business? Do You Need Angel Investors, Private Investors or Venture Capital, then visit Angel Funding Project’s site and find the best Business Funding Sources In The Industry.

Great Ways To Raise Money Fast!

February 19, 2010 on 1:15 am | In online insurance | Comments Off

Regulation D, Under Sections 4(2) and 3(b) of the Securities Act of 1933, the SEC adopted Regulation D to coordinate the various limited offering exemptions and to streamline the existing requirements applicable to private offers and sales of securities. The Regulation establishes three exemptions from registration in Rules 504, 505, and 506.

Rule 504, which provides an exemption for non-reporting companies unless they are “blank check” issuers or certain “shells”, stipulates that: The sale of up to $1,000,000 of securities in a 12-month period is permitted provided that there is no general solicitation, the securities sold are restricted securities and cannot be resold except pursuant to a registration statement or exemption, and a notice must be filed with the SEC within 15 days after the first sale. Rule 504 does not provide an exemption under any state laws. In certain limited circumstances where an offering is conducted under state accredited investor exemptions, securities offered under Rule 504 may be freely transferrable. Unlike Rules 505 and 506, Rule 504 does not mandate that specified disclosure be provided to purchasers. Nonetheless, the business person should take care that sufficient information is provided to meet the full disclosure obligations which exist under the antifraud provisions of the securities laws.

Rule 505 was adopted by the SEC to provide small businesses more flexibility in raising capital than under Rule 504 – but without the uncertainty of determining the quality of the purchasers that generally is involved in using Rule 506. Rule 505 provides issuers a limited offering exemption for sales of securities totaling up to $5 million in any 12-month period.

Rule 505 contains certain restrictions regarding “accredited investors” and non-accredited persons. The-term “accredited investor” includes:

Banks, insurance companies, registered investment companies, business development companies, or small business investment companies; Certain employee benefit plans for which investment decisions are made by a bank, insurance company, or registered investment adviser; Any employee benefit plan (Within the meaning of Title I of the Employee Retirement Income Security Act) with total assets in excess of $5 million; Charitable organizations, corporations or partnerships with assets in excess of $5 million; Directors, executive officers, and general partners of the issuer; Any entity in which all the equity owners are accredited investors; Natural persons with a net worth of at least $1 million; Any natural person with an income in excess of $200,000 in each of the two most recent years or joint income with a spouse in excess of $300,000 for those years and a reasonable expectation of the same income level in the current year; and Trusts with assets of at least $5 million, not formed to acquire the securities offered, and whose purchases are directed by a sophisticated person.

If the issuer sells any securities to non-accredited investors, it must furnish to all investors the same type of information as required by Regulation A. It must also furnish audited financial statements.

If an issuer other than a limited partnership cannot obtain audited financial statements without unreasonable effort or expense, only the issuer’s balance sheet (to be dated within 120 days of the start of the offering) must be audited.

Limited partnerships unable to obtain required financial statements without unreasonable effort or expense may furnish financial statements prepared on the basis of federal income tax requirements and examined and reported on by an independent public or certified accountant in accordance with generally accepted auditing standards; and The issuer must also be available to answer questions by prospective purchasers about the issuer or the offering.

Further restrictions under Rule 505 include:

The total offering price of each issue of securities may not exceed $5 million. The offering may not be made by means of general solicitation or general advertising. The issuer may sell the securities to an unlimited number of “accredited investors” and to 35 non-accredited persons. There are no requirements of “sophistication” or “wealth” for persons to whom the securities are sold. A company must take any necessary steps to ensure that the purchasers are acquiring securities for investment only, not for resale. The securities are thus “restricted” and investors must be informed that they may not be able to sell except pursuant to a registration statement or exemption from registration. The issuer is not required to file any offering materials with the Commission. Fifteen days after the first sale in the offering, the issuer must file a notice of sales on Form D. The notice also contains an undertaking under this Rule for the issuer to furnish the Commission, upon its staff s request, any information given to non-accredited purchasers in connection with the offering. Rule 505 does not provide an exemption from state securities laws.

SEC Rule 506 offers and sales of securities by an issuer that satisfy the conditions stated below are deemed transactions not involving any public offering within the meaning of Section 4(2) of the Securities Act. For an offering to be considered exempt from the registration requirements, Rule 506 stipulates: There is no ceiling on the amount of money which may be raised. No general solicitation or general advertising is permitted. The issuer may sell its securities to an unlimited number of accredited investors and 35 non accredited purchasers. Unlike Rule 505, all non-accredited purchasers (either alone or with a purchaser representative) must be sophisticated – that is, have sufficient knowledge and experience in financial and business matters to render them capable of evaluating the merits and risks of the prospective investment. The term “accredited investor” is defined under Rule 505.

If the issuer sells any securities to non-accredited investors, it must furnish to all investors the same type of information as required by Regulation A. It must also furnish the same financial information as would be required by registration on Form S-1.

If the issuer cannot obtain audited financial statements without unreasonable effort or expense, then financial statements may be provided in accordance with the special treatment described under Rule 505.

The securities sold are “restricted” under the same stipulations in Rule 505.

A company is required to file a notice of the offering on Form D at SEC headquarters within 15 days after the first sale in the offering. All states except New York provide an exemption from state securities laws for offerings under Rule 506 but the company must file a copy of the Form D and pay a filing fee in each state. New York has a distinctive law which makes a Rule 506 offering within that state impractical.

Accredited Investor Exemption

The Small Business Investment Incentive Act of 1980 created a new statutory exemption from registration under the Securities Act for transactions involving offers and sales of securities by any issuer solely to one or more “accredited investors.” Under Section 4(6):

The total offering price of each issue of securities under the exemption may not exceed the limit on small offerings set by Section 3(b) the Securities Act, which currently is $5 million per issue. The offering may not be made by means of any form of advertising or public solicitation.

The term “accredited investor” is defined to include the same individuals and entities as included for purposes of Rules 505 and 506. The issuer is required to file a notice of sales on Form D with the Commission 15 days after the initial sale is made in reliance on the exemption.

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