Welcome to local investing in Port Angeles
Here in Clallam County, COIN seeks to create opportunities for local investors and local businesses to network and form relationships.
The U.S. Securities and Exchange Commission (SEC) limits public offerings of shares/interest in a company (i.e. securities), unless there are proper filings and the people investing are considered accredited investors.
There is a general exemption that the SEC does not regulate where the investors are friends with the people in whom they are investing.
COIN hosts informal gatherings with the idea that friendships would form and the SEC guidelines would be followed should any investments occur.
Any investments occur outside of a COIN meeting and are to be arranged by the participants themselves.