SEC Comment Letter for Edgemode, Inc. (EDGM) (CIK 0001652958) (EDGM) — Sep 24, 2018
Edgemode, Inc. (EDGM) (CIK 0001652958)
Date: Sept. 24, 2018 · CIK: 0001652958 · Accession: 0000000000-18-030054
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 333-227286
Letter
September 24, 2018 Josoeph Isaacs Chief Executive Officer Wadena Corp. 750 N. San Vicente, Suite 800 West West Hollywood, CA 90069 Re:Wadena Corp. Registration Statement on Form S-1 Filed September 11, 2018 File No. 333-227286 Dear Mr. Isaacs: We have limited our review of your registration statement to those issues we have addressed in our 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. Form S-1 filed September 11, 2018 Cover Page 1.Please provide the pricing information on the prospectus cover page as required by Item 501(b)(3) of Regulation S-K. We note your disclosure in the summary that "until a market develops for our common stock, these shares may be sold at a price of $0.05 per share. If and when our common stock becomes quoted on the over-the-counter market, the shares...may be sold at prices and terms then prevailing...." Please note that we do not consider the OTC Pink sheets to constitute a sufficient existing market for selling shareholders to offer their shares at market prices. Therefore, please revise to indicate on the cover page which OTC Market system you plan to have your shares quoted on.
FirstName LastNameJosoeph Isaacs Comapany NameWadena Corp. September 24, 2018 Page 2 FirstName LastName Josoeph Isaacs Wadena Corp. September 24, 2018 Page 2 We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement. Please contact Michael Killoy at (202) 551-7576 or Pamela Howell at (202) 551- 3357 with any questions. Sincerely, Division of Corporation Finance Office of Beverages, Apparel and Mining
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September 24, 2018
Josoeph Isaacs
Chief Executive Officer
Wadena Corp.
750 N. San Vicente, Suite 800 West
West Hollywood, CA 90069
Re:Wadena Corp.
Registration Statement on Form S-1
Filed September 11, 2018
File No. 333-227286
Dear Mr. Isaacs:
We have limited our review of your registration statement to those issues we have
addressed in our 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.
Form S-1 filed September 11, 2018
Cover Page
1.Please provide the pricing information on the prospectus cover page as required by Item
501(b)(3) of Regulation S-K. We note your disclosure in the summary that "until a
market develops for our common stock, these shares may be sold at a price of $0.05 per
share. If and when our common stock becomes quoted on the over-the-counter market, the
shares...may be sold at prices and terms then prevailing...." Please note that we do not
consider the OTC Pink sheets to constitute a sufficient existing market for selling
shareholders to offer their shares at market prices. Therefore, please revise to indicate on
the cover page which OTC Market system you plan to have your shares quoted on.
FirstName LastNameJosoeph Isaacs
Comapany NameWadena Corp.
September 24, 2018 Page 2
FirstName LastName
Josoeph Isaacs
Wadena Corp.
September 24, 2018
Page 2
We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence of
action by the staff.
Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate
time for us to review any amendment prior to the requested effective date of the registration
statement.
Please contact Michael Killoy at (202) 551-7576 or Pamela Howell at (202) 551-
3357 with any questions.
Sincerely,
Division of Corporation Finance
Office of Beverages, Apparel and
Mining