James P Shoen

US Patent:

20120197777, Aug 2, 2012

Filed:

Jan 31, 2012

Appl. No.:

13/362739

Inventors:

James P. Shoen - Reno NV, US
Jason Allen Berg - Phoenix AZ, US

International Classification:

G06Q 40/04

US Classification:

705 37

Abstract:

A computer-implemented method for conducting a registered public offering of collateralized securities includes storing offering information in a database. The offering information is associated with a public offering of a collateralized debt security offered for sale by the issuer of the debt security. The offering information includes payment terms of a loan and a description of collateral for securing the loan, as well as the number of units of the security to be sold in the initial offering. The website is used to receive from a retail investor an offer for the purchase of the debt security directly from the issuer. The purchase price for the retail investor can be as small as $100.