In The News Publication: Newsday

eGifter plans to raise up to $11 million from investors

“This is the future of capital raising,” said Alon Kapen, a corporate attorney at Uniondale-based law firm Farrell Fritz, which is not involved in the deal. “The old method of passing the hat around at your country club” is being eclipsed, he said. “Now you can use the internet and have access in theory to millions and millions of accredited investors.”

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