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Adam Cox

Which nine states ?

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Jeff and Paul mentioned some trouble with nine states for investors. Which nine states are affected ? -Adam

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Here is a direct quote from @Terri Pinon from Facebook 

"Our super badass legal team (ie Terri Lubaroff) double-checked — it’s actually only a 7 state problem (there are two other states that are problematic if we’re picking up the phone and calling people to sell, which we’re not, so we’re not counting them.

Here are the 7 states that she is currently working on a solution for:


Arizona
Florida
North Dakota
Texas
Washington
New Jersey
Nebraska — can’t sell at all"

Also

"The other somewhat promising rumor is that many of these could be resolved 60 days after this next round opens. It might not be in time for those states to invest in this next round (this one will be much shorter than usual) but would alleviate all future issues in subsequent rounds."

I hope this post helped others that have wondered the same thing I was wondering about.-Adam

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