“Reg CF” Most Active States 30 days

Number of Form C Filings

1. CALIFORNIA - 24
2. PENNSYLVANIA - 8
3. NEW YORK - 7
4. FLORIDA - 5
5. TEXAS - 5
6. COLORADO - 5
7. MASSACHUSETTS - 4
8. DELAWARE - 4
9. NEW JERSEY - 4
10. ILLINOIS - 4