“Reg CF” Most Active States 30 days

Number of Form C Filings

1. CALIFORNIA - 36
2. FLORIDA - 18
3. PENNSYLVANIA - 12
4. TEXAS - 11
5. NEW YORK - 10
6. ILLINOIS - 5
7. WASHINGTON - 5
8. COLORADO - 5
9. DELAWARE - 4
10. MARYLAND - 4