SEC Comment Letter for OLB GROUP, INC. (OLB) (CIK 0001314196) (OLB) — Jan 16, 2020
OLB GROUP, INC. (OLB) (CIK 0001314196)
Date: Jan. 16, 2020 · CIK: 0001314196 · Accession: 0000000000-20-000401
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File numbers found in text: 333-232368
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January 16, 2020
Ronny Yakov
Chief Executive Officer
The OLB Group, Inc.
200 Park Avenue
Suite 1700
New York, NY 10166
Re:The OLB Group, Inc.
Amendment No. 3 to Registration Statement on Form S-1
Filed January 9, 2020
File No. 333-232368
Dear Mr. Yakov:
We have reviewed your amended registration statement and have the following
comment. In our comment, we may ask you to provide us with information so we may better
understand your disclosure.
Please respond to this letter by amending your registration statement and providing the
requested information. If you do not believe our comment applies to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response.
After reviewing any amendment to your registration statement and the information you
provide in response to this comment, we may have additional comments.
Amendment No. 3 to Registration Statement on Form S-1
Management, page 76
1.Please disclose the information required by Item 401 of Regulation S-K for the new
director nominees, Messers. Katsiaunis, Ernst and Sternhell. Also, file consents for each
director nominee. See Securities Act Rule 438.
FirstName LastNameRonny Yakov
Comapany NameThe OLB Group, Inc.
January 16, 2020 Page 2
FirstName LastName
Ronny Yakov
The OLB Group, Inc.
January 16, 2020
Page 2
You may contact Eiko Yaoita Pyles, Staff Accountant, at (202) 551-3587 or Kathleen
Collins, Accounting Branch Chief, at (202) 551-3499 if you have questions regarding comments
on the financial statements and related matters. Please contact Jeff Kauten, Attorney-Adviser, at
(202) 551-3447 or, in his absence, Jan Woo, Legal Branch Chief, at (202) 551-3453 with any
other questions.
Sincerely,
Division of Corporation Finance
Office of Technology
cc: Barry I. Grossman