Fresh Cream,Inc.,wants to make an initial public offering of securi-ties.Fresh believes that it qualifies for an exemption under Regulation A from the full registration requirement of the federal Securities Act of 1933.
-Refer to Fact Pattern 26-1.Fresh decides to sell its new securities via the Internet.This offering

Question

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Selling securities via the Internet can allow the issuer to avoid the payment of commissions to brokers or underwriters. This does not necessarily mean that the offering is an investment scam, a Ponzi scheme, or constitutes insider trading. More information would need to be gathered to make such determinations.