a) I know the color of all my friends» eyes b) I am comfortable
with ambiguity c) I know what all the controls on my stereo system are for d) I often adjust the controls on my stereo system and can tell the difference when I do
If most startups opt to go
with 506 (
c) offerings due to this
ambiguity, then angel investors and groups would then have to submit to the new «reasonable steps to verify» standard, which could include things like turning over tax returns, W - 2's, credit reports, net worth statements, etc. or getting a certification from a lawyer, CPA or broker - dealer.