The Commissioner of Securities Announces Amendment to the Invest Georgia Exemption (IGE)

The Securities and Charities Division of The Office of the Secretary of State (“Division”) has adopted an amendment to Rule 590-4-2-.08, the Invest Georgia Exemption, to reflect changes implemented by the Securities and Exchange Commission (“SEC”). The SEC changes are designed to modernize the intrastate offering exemption of Section 3(a)(11) of the Securities Act of 1933 by updating the Rule 147 safe harbor and introducing a new exemption, Rule 147A. The purpose of the Division’s amendment is to facilitate greater investment through the offer or sale of a security by an issuer by providing greater flexibility to those seeking to use IGE to facilitate investment and entrepreneurial activities within Georgia. Additionally, the amendment to IGE is intended to reduce the regulatory impact of the SEC’s amendment on existing and future issuers of securities.  This amendment is effective as of  July 11, 2017. The Invest Georgia Exemption (“IGE”) was created in 2011 by the Secretary of State Brian P. Kemp in his capacity as Commissioner of Securities. IGE allows for-profit businesses formed under Georgia law to raise up to $5 million from Georgia resident investors. Under IGE, Issuers of securities are limited to selling no more than $10,000 in securities to non-accredited Georgia investors. There is no limit for accredited Georgia investors. The Issuer must file a Form GA-1 with the Georgia Commissioner of Securities. For more information on the IGE, please contact the Georgia Securities Division at 404-654-6023 or registrations@sos.ga.gov. IGE is a notice filing and does not constitute a license or registration. The issuance of a notice filing does not mean that the Georgia Commissioner of Securities has passed, in any way, upon the truth, completeness, or accuracy of the information filed, the merits of the securities offered, or has recommended or given approval to such security or transaction.

WCES Hears from President Trump

Recently, WCES 5th grader, Kyla Barney, wrote a letter to President Donald Trump in class during a writing center. She asked her teacher, Mrs. April Rogers, if she could mail it, so they looked up the White House’s address and did just that.  To everyone’s surprise, she received a letter from the President Trump.  Kyla and her teacher were very excited to receive this letter.  Great job, Kyla!

Source: WCSD Facebook Page

Dyke Announces Her Run for Worth County Tax Commissioner

Jana Dyke recently announced that she will be running for the position of Worth County Tax Commissioner. “This decision has not been made in haste, rather one my family and I have been praying over for months. I am choosing to run as an Independent candidate because I feel this particular position should represent the whole community not just one party” stated Jana. Jana is 36 years old and lived in Worth County until she was 9. She graduated from Lee County High School in 1998 and attended Darton College with a major in Business. She has previously served as the Vice President of the Lee County Chamber of Commerce, Walton County Florida, and Destin Florida. Jana took some time off to be with her children while she obtained her real estate license with a focus on commercial real estate. Jana has been married to her husband, William, since 2004 and they have two boys, Harrison 11 and Tucker 7. He graduated from Deerfield and works with Jana’s parents. Her parents are Hank and Jan Wadkins. They have relocated their business to Sylvester and brought 12+ jobs with them. The name of their business is Auto Damage Appraisers and has been in the family for over 50 years. Jana is thrilled to have her parents locate their business back to Sylvester. She is very excited that her mom is the volunteer director at the new Alpha Pregnancy center which will be opening soon. Jana serves on the Boys and Girls Club Board of Directors, Family Visions Outreach, Downtown Sylvester Farmers Market, Family Connections and on the planning committee for the Margaret Jones Public Library.  Jana is currently employed with the City of Sylvester as the Main Street Director. She has graduated from Leadership Worth and the Georgia Academy of Economic Development this year. Jana and her family purchased their home on Isabella street simply because they loved the heritage of the house and the fact it was over 111 years old was just breath taking. In their free time, Jana and her family loves to camp. Jana and William are also helping launch the new Greenbriar church and they attend there as well. “In order for my name to be placed on the ballot a certain number of registered voters are required to sign a petition. I have many friends and family working to secure these needed signatures. I too will be out knocking on doors; however I’ll be limited on the amount of time that I will be able to solicit these signatures, as I will remain committed to my current duties serving the City of Sylvester and the citizens of our community. Please be in prayer for me and my family as we work to make Sylvester Worth County a better place to live, “Jana Dyke William Dyke Harrison, & Tucker.