I've no answers to your question but would also be interested in seeing how this works. I don't fully understand the rules set out in paragraph 6.4 of Chapter 6 in the regulation guidelines. We would like to do issue equity loans but I need to understand what the rules are prior to making offers to people. And what is the process of inviting people? Do you need a solicitor involved? I'll be watching to see if any answers appear to your question.