SEC Comment Letter for Freedom Internet Group Inc. (FIGI) (CIK 0001791325) — Feb 12, 2020
Freedom Internet Group Inc. (FIGI) (CIK 0001791325)
Date: Feb. 12, 2020 · CIK: 0001791325 · Accession: 0000000000-20-001328
AI Filing Summary & Sentiment
File numbers found in text: 333-235873
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February 12, 2020
Alton “Ace” Chapman, Jr.
Chief Executive Officer
Freedom Internet Group Inc.
151 Calle San Francisco, Suite 200
San Juan, Puerto Rico 00901
Re:Freedom Internet Group Inc.
Amendment No. 1 to Registration Statement on Form S-1
Filed February 6, 2020
File No. 333-235873
Dear Mr. Chapman:
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. 1 to Registration Statement on Form S-1 filed February 6, 2020
Related Party Transactions, page 31
1.We reissue comment 4 in our February 4, 2020 letter. Since November 15, 2018
(commencement of operations), please disclose your related party transactions, including
the name of the related person and the basis on which the person is a related person, and
the dollar value of the amount involved in the transaction. Also state the names of your
promoters, the nature and amount of anything of value received or to be received by each
promoter, and the nature and amount of any consideration received or to be received by
the company. See Item 404(d) of Regulation S-K.
FirstName LastNameAlton “Ace” Chapman, Jr.
Comapany NameFreedom Internet Group Inc.
February 12, 2020 Page 2
FirstName LastName
Alton “Ace” Chapman, Jr.
Freedom Internet Group Inc.
February 12, 2020
Page 2
You may contact Jeffrey Lewis at 202-551-6216 or Jennifer Monick at 202-551-3295 if
you have questions regarding comments on the financial statements and related matters. Please
contact Ronald (Ron) Alper at 202-551-3329 or Brigitte Lippmann at 202-551-3713 with any
other questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction
cc: David Bovi