2015 Commissioner's Report - On the Offer or Sale of Securities by Permit under Corporations Code Section 25113

DBO

Description

Total Dollar Amount Sought to be Raised Below is a summary of the minimum, maximum and total dollar amount issuers requested to raise applications filed in 2014, by category: Agriculture* Minimum Dollar Amount Raised (in dollars) 200,000 Maximum Dollar Amount Raised (in dollars) 200,000 Total Dollar Amount Raising in CA (in dollars) 200,000 Church Debt 125,000 100,000,000 227,230,000 Church Extension 2,000,000 750,000,000.00 2,988,115,000 Cooperative** 18,792 3,750,000 10,252,792 Employee Compensation* 2,000,000 2,000,000 2,000,000 Food and Drink 600,000 650,000 1,250,000 Manufacturing 500,000 4,990,000 8,290,000 Membership*** 550,000 318,200,000 698,180,000 Microlender 300,000 100,000,000 579,268,000 Mobile home park 60 21,000,000 25,590,360 Mortgage 1,700,000 200,000,000 620,700,000 Mutual Water Company 2,500 162,200 290,333 Oil and Gas 20,000 5,118,000 5,138,000 Real Estate 100,000 100,000,000 350,100,000 Technology 3,000,000 194,210,205 505,466,205 Category of Investment Other**** 375,000 21,684,000 27,009,000 *There was only one permit issued under this category **The category “cooperative” includes home improvement stores, grocers, and professional services providers. ***The category “membership” includes social and sports club memberships. ****The category “other” includes charity, community development, mortuary, project and stock management, schools, and wholesaler. Enforcement Actions There were no new enforcement actions taken against any of the issuers who received a permit in 2014 under section 25113. Department of Business Oversight | Corporate Securities Law of 1968 Page 7 .