Coral Capital Partners takes a look at a recent Securities Exchange Commission enforcement action against Edward Bronson and his firms e-Lionheart Associates and Fairhills Capital in which they charge Mr. Bronson and his firms with illegal fund raising, violations of Rule 504, and Delaware law. We feel that our blog along with the associated the Securities Exchange Commission (SEC) Litigation Release and Complaint filed in Federal Court will provide interesting reading.
This is a reprint of the article “Crowd Funding and the JOBS Act” by Erik Nelson, President of Coral Capital Partners that was published in the 2nd Quarter 2012 edition of Micro-Cap Review Magazine. The article discusses the various provisions of the JOBS Act that relate to crowd funding and how they apply to the fund raising process. This is the 3rd article authored by Erik Nelson that has been published in Micro-Cap Review Magazine, and the 2nd through Coral Capital Partners.
Coral Capital Partners discusses the importance of a proper financial model, the financial statements that need to be included and the expectations of potential investors. Far too often a financial model and business plan are two (2) items that easily overlooked or dismissed by business owners or management. Coral Capital Partners believes that a financial model and a business plan are two (2) critical items that every business needs.