Reference no: EM133011477

Omni Media Company, a small privately held media consulting firm, plans to issue Omni Media common shares in a private offering for $3 million. Omni Media has three investors in mind for the offering. Each investor plans to invest $1 million each. One investor lives in Baltimore; the other two live in New York. The Baltimore investor does not have a net worth greater than $1 million but had net income of $350,000 last year and $189,000 the year before. The two New York investors both have individual net-worth's greater than $1 million. All three have invested in companies of this type on prior occasions and have done well with those investments.

Problem 1: Assuming that Omni Media must raise the $3 million to follow through with the offering - under which of the following exemptions could Omni Media offer its shares to raise the additional capital?

Group of answer choices

A) An offering under §4(a)(2) of the Securities Act of 1933.

B) An offering under §3(a)(11) of the '33 Act.

C) An offering under an applicable provision of Regulation D.

D) Both a. and c. are viable choices.