b'How to Legally Raise Private Moneywouldnt have occurred if you had hired competent counsel to assist you. Your investors expect that you will hire an experienced securities attorney to help you draft your securities offering documents, so you shouldnt dis-appoint them just to save a few dollars. PREPARE AND DISTRIBUTE YOUR OFFERING PACKAGE Collectively the PPM and its attached documents are designed to give the investors all of the information they need to make informed consent prior to making their investment decision, which is always your obli-gation when selling securities. Below is a summary of your obligations during the document drafting and offering process.Prior to distributing your securities offering materials to investors, it is solely YOUR responsibility (not your attorneys) to ensure that: The offering materials do not omit information that would be nec-essary to an investors complete understanding of the economic, tax and other consequences and risks of an investment in the securities offered.The offering materials do not omit or misrepresent information an investor might consider important in making a decision to invest (such as prior bankruptcies, foreclosures, regulatory enforcement actions or litigation involving a member of the issuer). The offering materials accurately and completely set forth the ma-terial financial aspects of an investment in the securities being is-sued by the company. This means you have to read the drafts your attorney provides and make corrections or provide information that will satisfy these requirements. Once you start circulating the offering documents to investors, you not your attorneyare fully responsible for the content. The entire offering package may include 100 to 200 pages of legal doc-uments, in addition to any exhibits you may wish to provide. Reviewing it is no small task, but it is something you must do if you want to sell se-curities. Some of your investors will read this cover to cover and ask you questions about it, so you need to know whats in the documents in order to be able to appropriately respond. You will also be required to follow the 132'