At this time Cell app technology is the most booming space in the cell market. The language of securities regulation within the United States considers co-founders to be “promoters” underneath Regulation D The U.S. Securities and Change Commission definition of “Promoter” consists of: (i) Any one who, acting alone or in conjunction with one or more different persons, immediately or not directly takes initiative in founding and organizing the business or enterprise of an issuer; 19 Nonetheless, not every promoter is a co-founder. The truth is, there isn’t a formal, authorized definition of what makes any individual a co-founder. 20 21 The best to name oneself a co-founder might be established by an settlement with one’s fellow co-founders or with permission of the board of directors, traders, or shareholders of a startup company. When there is no such thing as a definitive settlement (like shareholders’ agreement ), disputes about who … Read more