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Correspondence 0001903596-24-000400 from CAM GROUP, INC. (CAMG) (CIK 0001419559) (CAMG)

CAM GROUP, INC. (CAMG) (CIK 0001419559)
Date: July 9, 2024 · CIK: 0001419559 · Accession: 0001903596-24-000400

AI Filing Summary & Sentiment

File numbers found in text: 024-12339

Referenced dates: November 2, 2023

Date
July 9, 2024
Author
/s/ Rafael
Form
CORRESP
Company
CAM GROUP, INC. (CAMG) (CIK 0001419559)

Letter

Re: CAM Group, Inc.

CAM Group, Inc.

5900 Balcones Drive

Suite 100

Austin, TX

July 9, 2024

Amendment No. 2 to Offering Statement on Form 1-A

Filed February 9, 2024

File No. 024-12339

Dear: Mr. Nicholas Nalbantian

Please see the answer to your comments below.

Amendment No. 2 to Offering Statement on Form 1-A filed February 9, 2024

Risk Factors

Risks Related to the Company and Its Business, page 11

1. We note the removal of the risk factor titled "Manage potential future acquisitions, investments, divestitures, joint ventures and other transactions successfully, these activities could adversely affect our future financial results." However, on page 30 you disclose that you envision making "multiple major acquisitions." Please restore the risk factor disclosure, or alternatively, please explain why it is no longer material.

Our risk disclosure has been updated to add above mentioned risks related to future acquisitions.

The Company may lose the benefit of a Regulation A exemption in the event our principal place of business shifts to outside the..., page 12

2. We note your response to our prior comment 1 and reissue in part. We acknowledge the addition of this risk factor; however, so that potential investors can better understand, please also explain what consequences losing the benefit of the Regulation A exemption could have on your business or the price/liquidity of your securities.

We have updated the filing to provide additional information including explanation of what consequences losing the benefit of the Regulation A exemption could have on your business.

General

3. We refer to our prior comment 8 in our letter dated November 2, 2023. Please provide a written representation confirming that at least one state has advised the company that it is prepared to qualify or register the offering. We acknowledge your previous response that you intend to submit applications in Texas, Wyoming and Colorado, but no confirmation has been included in this or the previous amendment.

We confirm that the State of Texas has advised us that it is prepared to qualify the offering.

Please contact me at ra.pinedo@camgdefense.com or capitalmarketssecurities@gmail.com with further inquiries.

Thank you.

Sincerely,
/s/ Rafael
Pinedo

Show Raw Text
CORRESP
1
filename1.htm

CAM Group, Inc.

5900 Balcones Drive

Suite 100

Austin, TX
78731

July 9, 2024

Re:        CAM
Group, Inc.

Amendment
No. 2 to Offering Statement on Form 1-A

Filed
February 9, 2024

File
No. 024-12339

Dear: Mr. Nicholas Nalbantian

Please see the answer to your comments
below.

Amendment No. 2 to Offering Statement
on Form 1-A filed February 9, 2024

Risk Factors

Risks Related to the Company and Its
Business, page 11

 1. We
                                            note the removal of the risk factor titled "Manage potential future acquisitions, investments,
                                            divestitures, joint ventures and other transactions successfully, these activities could
                                            adversely affect our future financial results." However, on page 30 you disclose that
                                            you envision making "multiple major acquisitions." Please restore the risk factor
                                            disclosure, or alternatively, please explain why it is no longer material.

Our risk disclosure has
been updated to add above mentioned risks related to future acquisitions.

The Company may lose the benefit of
a Regulation A exemption in the event our principal place of business shifts to outside the..., page 12

 2. We
                                            note your response to our prior comment 1 and reissue in part. We acknowledge the addition
                                            of this risk factor; however, so that potential investors can better understand, please also
                                            explain what consequences losing the benefit of the Regulation A exemption could have on
                                            your business or the price/liquidity of your securities.

We have updated the filing
to provide additional information including explanation of what consequences losing the benefit of the Regulation A exemption could have
on your business.

General

 3. We
                                            refer to our prior comment 8 in our letter dated November 2, 2023. Please provide a written
                                            representation confirming that at least one state has advised the company that it is prepared
                                            to qualify or register the offering. We acknowledge your previous response that you intend
                                            to submit applications in Texas, Wyoming and Colorado, but no confirmation has been included
                                            in this or the previous amendment.

We confirm that the State
of Texas has advised us that it is prepared to qualify the offering.

Please contact me
at ra.pinedo@camgdefense.com or capitalmarketssecurities@gmail.com with further inquiries.

Thank you.

Sincerely,

/s/ Rafael
Pinedo

Rafael Pinedo

Chairman, CAM Group,
Inc.