B.__A general solicitation or general advertising is not made in connection with the offer to sell or sale of the securities;

C.__A commission or other remuneration is not paid or given, directly or indirectly, to a person other than a broker- dealer licensed under this chapter or an agent licensed under this chapter for soliciting a prospective purchaser in this State; and

D.__The issuer reasonably believes that all the purchasers in this State, other than those designated in subsection 13, are purchasing for investment;

15.__Limited private offering transactions, Maine issuer.__A sale or an offer to sell securities of a corporation, limited partnership or limited liability company organized under the laws of this State or any issuer determined by the administrator by order to have its principal place of business in this State, if the transaction is part of a single issue in which:

A.__Not more than 25 purchasers are present in this State during any 12 consecutive months, other than those designated in subsection 13;

B.__A general solicitation or general advertising is not made in connection with the offer to sell or sale of the securities;

C.__A commission or other remuneration is not paid or given, directly or indirectly, to a person other than a broker- dealer licensed under this chapter or an agent licensed under this chapter for soliciting a prospective purchaser in this State;

D.__The issuer reasonably believes that all the purchasers in this State, other than those designated in subsection 13, are purchasing for investment;

E.__The issuer files with the administrator a notification for exemption that must be in such form as may be prescribed by the administrator by order or by routine technical rule, as defined in Title 5, chapter 375, subchapter 2-A; and