Small Company Offering Registration is a method for small companies to sell up to $1 million of securities during a 12-month period to the public by using a question-and-answer disclosure form called Form U-7.

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The Small Company Offering Registration (SCOR) is a method for small companies to sell up to $1 million of securities during a 12-month period to the public by using a question-and-answer disclosure form called Form U-7. Therefore, the statement is true.

Small Company Offering Registration Is a Method for Small Companies