Eugene Trowbridge, CCIM Partner |
| July 29, 2019
Via EDGAR
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Jillian Sidoti, CCIM Partner |
| Re: | Mythic Collection, LLC (the “Company”) Amendment No. 3 to Offering Statement on Form 1-A Filed July 17, 2019 File No. 024-10983 |
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Nancee Tegeder Associate Attorney
Jonathan Nieh Associate Attorney __________
Mailing Address:
38977 Sky Canyon Drive Suite 101 Murrieta CA, 92563
Email: company@crowdfundinglawyers.net
Office: (323) 799-1342
Website: www.CrowdfundingLawyers.net
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To whom it may concern:
Please see the following responses to your comment letter dated July 25, 2019.
SEC Comment:
Use of Proceeds, page 21
1. We note your revised Use of Proceeds table no longer reflects any proceeds used to reimburse your Manager for acquisition-related expenses such as travel during due diligence and transportation of the Series Alpha Black Lotus from the seller to a vault. However, Section 4 of the Series Agreement filed as Exhibit 6.1 continues to indicate that a portion of the proceeds will be used to reimburse the Manager for expenses related to the acquisition of an asset. Please tell us whether you are contractually obligated by this Series Agreement to reimburse your Manager for expenses related to the acquisition of the Series Alpha Black Lotus. If your disclosure stating "[f]or this asset only, the Manager is not seeking reimbursement of costs" is intended to signify that you have revised your Series Agreement or obtained a waiver from your Manager regarding the reimbursement of acquisition-related expenses, please tell us how you determined you did not need to file the amended agreement or waiver as an exhibit to your filing.
Company Response:
To reiterate a phone conversation with Commission staff on or around July 26, 2019, the Company previously amended Section 4.3 of the Series Operating Agreement in a previous amendment indicating that the Manager was waiving its rights to reimbursement of costs. |
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Securities Exchange Commission
Mythic Markets, LLC
July 29, 2019
Commission Comment:
General
Exhibit 11.1
2. Please provide a new consent from your auditor that is dated as of a recent date.
Company Response:
Please see the filed updated consent.
Thank you for your attention.
Sincerely,
/s/ Jillian Ivey Sidoti, Esq.
Securities Counsel
Cc: Client
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