In 2012, Marilyn started a technology company using the crowdfunding platform Kikstarter. She has been so successful that she is ready to go from a private firm to a publicly traded company to increase her available capital.
1. By using Kickstarter to generate capital, has Marilyn violated any laws? Explain.
2. What does she need to do now that she wants to sell shares on the stock exchange?
3. In 2 years when Marilyn needs to increase her offerings on the stock exchange, what does she need to do?
4. In order to be compliant with the Sarbanes-Oxley Act, what advice would you give Marilyn?