PartnerFacts
Data last updated: Oct 23, 2026, 5:45 PM ETLatest filing: Oct 22, 2026Now: Oct 24, 2026, 10:48 AM ET

Sponsor Check › Person

MJ
No photo found yet (own website and image search run after this page is viewed)

Mike Jerstad

Named as an officer, director or promoter on SEC Form D filings · SD, CA · Jul 3, 2019 → Oct 1, 2021

2deals (issuers)
$52.8Mreported sold
92investors
7Form D filings
2019–2021years on file
Follow this personLook further ↓PDF

Data last updated Oct 23, 2026, 5:45 PM ET · Courts (RECAP) last checked: Oct 24, 2026, 2:44 AM ET · SEC enforcement last checked: covered by the index scan as of Oct 24, 2026, 2:50 AM ET

The short version

Mike Jerstad is listed as an executive officer and director on 7 SEC Form D filings by 2 issuers between Jul 2015 and Oct 2021: Virtual Incision Corp (Lincoln, NE — biotechnology — 2015–2021; $46.6M reported sold to 62 investors) and SWLA Phase 1, LLC (Sioux Falls, SD — industry reported as "Other" — 2016; $6.25M reported sold to 30 investors).

What this means 2 separate companies raised money with this person listed as executive officer and director, over about 6 years. Across those companies the filings report $52.8M sold in total.

Listed alongside John Murphy (6 shared filings), STEVE KIRBY (6 shared filings), Shane Farritor (6 shared filings), SANDY HORST (4 shared filings), Shi Shenghao (3 shared filings) and 5 others.

What this means These are the other officers, directors or promoters the companies named on the same forms — the team around Mike. Each name links to their own page.

Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AK, AL, AR, AZ, CA, CO, CT, DC, DE, FINRA, FL, GA, HI, ID, IL, KS, KY, LA, MA, MD, ME, MI, MO, MS, MT, NASAA, NC, ND, NH, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, WA, WI, WV, WY) — 1 court case matching the name, 1 bankruptcy case matching the name listed in Key records below.

What this means 2 records came back, including 1 court case still open — open cases can take years and cost money. Each one is listed below with a link to the original document and a line saying why it matched. A name match is not proof it is the same person or company — read the why line and the document. Being sued or named in a release is an accusation, not a finding.

We compared 7 public filings for Mike Jerstad and found 3 differences: 4 offerings have no amendment in the last 12 months and may still be open; Address moved from Sioux Falls, SD to Pleasanton, CA; and more below.

What this means These are differences between the sponsor's own SEC filings — both values, dates and sources are listed in Key records, section 4. Most have ordinary explanations; ask the sponsor.

What the community is saying

Community search for Mike Jerstad has not run yet — it is joining a line of 61,103 names; searches run around the clock at the hosts' allowed rate. Searched so far: 710 names.

Community comments are quoted as written by their authors. Sources searched: Bing (site:reddit.com / site:biggerpockets.com) and Reddit's own search, plus DuckDuckGo/Brave/BiggerPockets search when they are answering.

Key records

Five things investors ask first. Items still in human review are counted, not shown.

1. Lawsuits

1 case: 1 open

Jerstad v. LatinLife Inc. open
District Court, E.D. New York · No. 2:20-cv-01598 · Filed —
Role of Jerstad: Plaintiff · Outcome: Open — no termination date on the docket (bulk snapshot 2026-09-30) Docket on CourtListener ↗
same rare surname (3 people in Form D filings, 9 federal dockets); surname only in the caption; court in NY (not a filing state)
What was searched

Sources searched: CourtListener bulk data (RECAP dockets as of 2026-09-30; recall-first rule 10-24) — federal district + bankruptcy courts State courts: not covered (one-tap state court links under Look further). PACER: not searched. · Last checked Oct 24, 2026, 2:44 AM ET.

Court records show docket facts only; we never restate allegations as facts. Outcome wording comes from the docket feed; where it does not state a disposition we say so.

State courts: not covered (one-tap state court links under Look further). No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

2. Regulatory actions

None found in sources searched — SEC enforcement releases (index scan as of Oct 24, 2026, 2:50 AM ET) · state securities regulators: 48 regulators (FINRA, NASAA, 37 states) — crawled Oct 24, 2026, 8:48 AM ET

What was searched

SEC enforcement searched: SEC litigation releases and administrative proceedings — respondent names in the sec.gov index titles (30,205 releases, 1995-09-19 to 2026-10-23); release text is read only to confirm a candidate. Names that appear only in the body of a release are not found. — Searched SEC litigation releases and administrative proceedings (1995→ / 2007→) (30,205 records as of Oct 24, 2026, 2:50 AM ET) — nothing matched Mike Jerstad..

State securities regulators: Securities regulators searched (64,910 actions): FINRA (38,350 actions, 1995–2026), NASAA (31 actions, 2000–2026; listing starts 1997), AK Division of Banking and Securities (273 actions, 1971–2025), AL Securities Commission (880 actions, 2001–2026), AR Securities Department (1,305 actions, 1998–2026), AZ Corporation Commission Securities Division (411 actions, 2017–2026), CA DFPI (25 actions, 2007–2024; listing starts 2002 — 16 of 12,159 DFPI respondent pages read so far; sponsor-name matches are read first), CO Division of Securities (731 actions, 2001–2026; older years from the Internet Archive (snapshot of 2026-05-02)), CT Department of Banking Securities Division (940 actions, 2006–2026; older years from the Internet Archive (snapshot of 2026-04-22)), DC DISB Securities Bureau (25 actions, 2012–2026), DE DOJ Investor Protection Unit (257 actions, 1987–2026), FL Office of Financial Regulation (49 actions, 2018–2026), GA Secretary of State Securities Division (65 actions, 2015–2026; listing starts 2012), HI DCCA Securities Enforcement Branch (26 actions, 2012–2026), ID Department of Finance Securities Bureau (663 actions, 1994–2026), IL Secretary of State Securities Department (4,122 actions, 2003–2023), KS Insurance Department Securities Division (58 actions), KY Department of Financial Institutions (342 actions, 2005–2026), LA Office of Financial Institutions Securities Division (13 actions, 2010–2025; listing starts 2008), MA Secretary of the Commonwealth Securities Division (125 actions, 2012–2025; live site blocks automated access — loaded from the Internet Archive snapshot of 2026-02-04), MD Attorney General Securities Division (1,054 actions, 2004–2026), ME Office of Securities (539 actions, 2000–2026), MI LARA Corporations, Securities & Commercial Licensing Bureau (201 actions), MO Secretary of State Securities Division (919 actions, 1998–2026), MS Secretary of State Securities Division (209 actions, 1995–2026), MT Commissioner of Securities and Insurance (597 actions, 2000–2026), NC Secretary of State Securities Division (265 actions, 2004–2024), ND Securities Department (711 actions, 1990–2026; the regulator no longer publishes this list live — loaded from the Internet Archive snapshot of 2026-01-06), NH Bureau of Securities Regulation (402 actions, 2002–2026), NM Regulation and Licensing Department Securities Division (90 actions, 2010–2025), NV Secretary of State Securities Division (118 actions, 2018–2026), NY Attorney General Investor Protection Bureau (44 actions, 2012–2026), OH Division of Securities (327 actions, 1993–2006), OK Department of Securities (2,531 actions, 1998–2026), OR Division of Financial Regulation (589 actions, 1988–2026), PA Department of Banking and Securities (1,448 actions, 2008–2024; the regulator no longer publishes this list live — loaded from the Internet Archive snapshot of 2024-08-09), RI DBR Securities Division (98 actions, 2005–2025), SC Attorney General Securities Division (540 actions, 2006–2026), SD Division of Insurance – Securities Regulation (106 actions, 2017–2026), TN Department of Commerce and Insurance Securities Division (405 actions, 1992–2026), TX State Securities Board (936 actions, 1999–2026), UT Division of Securities (772 actions, 2000–2026; older years from the Internet Archive (snapshot of 2010-05-27)), VT DFR Securities Division (137 actions, 2010–2026), WA DFI (2,039 actions, 2001–2026), WI DFI Division of Securities (1,072 actions, 1998–2026), WV Securities Commission (State Auditor) (64 actions), WY Secretary of State Compliance Division (6 actions, 2016–2024) — last crawled Oct 24, 2026, 8:48 AM ET. No machine-readable public listing today for IA, IN, MN, NE, NJ, VA (see docs/state-regulators.md).

3. Bankruptcies

1 case: 1 closed (disposition not in docket feed)

Troy W Johnson and Shannon H Jerstad closed
United States Bankruptcy Court, N.D. Illinois · No. 99-24081 · Filed Aug 3, 1999 · Closed Dec 14, 1999
Role of Troy W Johnson and Shannon H Jerstad: Debtor · Outcome: Case closed 1999-12-14 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
same rare surname (3 people in Form D filings, 9 federal dockets); different first name (shannon); court in IL (not a filing state)
What was searched

Sources searched: Federal bankruptcy courts via CourtListener / RECAP archive (federal district courts, federal bankruptcy courts). State courts: not covered (one-tap state court links under Look further). PACER: not searched (RECAP only). · Last checked Oct 24, 2026, 2:44 AM ET.

Court records show docket facts only; we never restate allegations as facts. Outcome wording comes from the docket feed; where it does not state a disposition we say so.

State courts: not covered (one-tap state court links under Look further). No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

4. Differences between public sources

Comparisons cover issuers and sponsor groups — see the issuer pages under Deals

3 differences found between the filings for Mike Jerstad (compared 7 filings on Oct 24, 2026)

Note · Jun 30, 2015 – Oct 29, 2019

4 offerings have no amendment in the last 12 months and may still be open

No amendment in the last 12 months on an offering that may still be open — Virtual Incision Corp (latest filing Oct 29, 2019) · No amendment in the last 12 months on an offering that may still be open — Virtual Incision Corp (latest filing Aug 29, 2019) · No amendment in the last 12 months on an offering that may still be open — Virtual Incision Corp (latest filing Dec 13, 2017) · No amendment in the last 12 months on an offering that may still be open — Virtual Incision Corp (latest filing Jul 10, 2015)

What this means SEC rules expect a yearly amendment while an offering is still going. Ask the sponsor which of these raises have closed.

Form D · Oct 29, 2019 ↗Virtual Incision Corp — PartnerFacts page ↗Form D/A · Aug 29, 2019 ↗Form D · Dec 13, 2017 ↗
Sources
Note · Dec 13, 2017 – Jul 3, 2019

Address moved from Sioux Falls, SD to Pleasanton, CA — Virtual Incision Corp

The people listed on the Dec 13, 2017 filing give Sioux Falls, SD; on the Jul 3, 2019 filing they give Pleasanton, CA.

What this means Businesses move; this just shows the two places and dates. If you were told one city and the forms say another, ask which is current.

Form D · Dec 13, 2017 ↗Form D · Jul 3, 2019 ↗Virtual Incision Corp — PartnerFacts page ↗
Sources
Note · Jul 10, 2015 – Oct 1, 2021

Mike Jerstad is listed with 2 different address states: SD, CA

SD on 3 filings (Jul 10, 2015 to Dec 13, 2017); CA on 4 filings (Jul 3, 2019 to Oct 1, 2021).

What this means The address on a Form D is usually the company's, not the person's home, so this often just reflects different companies. It can also mean a move. Nothing wrong by itself.

Form D · Jul 10, 2015 ↗Form D · Jul 3, 2019 ↗
Sources
What is compared

What is compared: every Form D and D/A we hold for this subject, side by side — filing dates vs. first-sale dates (the 15-day rule), amendment timing on open offerings (the yearly-amendment expectation), amounts sold, investor counts, offering amounts and minimums across amendments, industry and size bands, addresses, how each person's name and role is written, paid sellers' CRD numbers, and (for groups) where the member companies were formed and sit. Everything is as filed by the issuer; the SEC does not check it. Differences are common and usually have ordinary explanations — we show both values, the dates, and the source so you can ask. As of Oct 24, 2026.

5. Money to insiders

None reported on 6 offerings — no sales commissions, finder's fees or proceeds to insiders

Per-offering detail
Offering (latest filing)Sales commissionsFinder's feesTo insidersPaid to sell itSource
Oct 1, 2021 D
Virtual Incision Corp
File 021-415402
$0$0$0None listed on this filingEDGAR ↗
Oct 29, 2019 D
Virtual Incision Corp
File 021-352066
$0$0$0None listed on this filingEDGAR ↗
Aug 29, 2019 D/A
Virtual Incision Corp
File 021-343515
$0$0$0None listed on this filingEDGAR ↗
Dec 13, 2017 D
Virtual Incision Corp
File 021-300637
$0$0$0None listed on this filingEDGAR ↗
Mar 29, 2016 D
SWLA Phase 1, LLC
File 021-260169
$0$0$0None listed on this filingEDGAR ↗
Jul 10, 2015 D
Virtual Incision Corp
File 021-243479
$0$0$0None listed on this filingEDGAR ↗

Counts come from Form D Items 12–15 on the filings in our index (latest filing per offering; one offering = one SEC file number; an amendment updates its offering rather than adding one). "To insiders" = gross proceeds used for payments to executive officers, directors or promoters. "—" = not reported on that filing. Amounts marked (est.) were reported as estimates. "Paid to sell it" = sales compensation recipients named on that filing (Item 12), each linked to FINRA BrokerCheck when a CRD number is reported.

Counted across every filing this person is listed on (latest filing per offering, per issuer).

Deals 2

Every issuer that named Mike Jerstad on a Form D, newest first. A Form D is the notice a company files after it starts selling a private investment.

VI
Biotechnology

Virtual Incision Corp

Lincoln, NE · Jul 10, 2015 → Oct 1, 2021 · 6 filings
  • Oct 1, 2021 · D · $4,000,000 sold of $4,000,000 · 15 investors · min. No minimum reported · role: Director EDGAR ↗
  • Oct 29, 2019 · D · $10,099,921 sold of $25,000,000 · 14 investors · min. No minimum reported · role: Director EDGAR ↗
  • Aug 29, 2019 · D/A · $2,300,000 sold of $3,000,000 · 5 investors · min. No minimum reported · role: Director EDGAR ↗
  • Jul 3, 2019 · D · $1,000,000 sold of $3,000,000 · 2 investors · min. No minimum reported · role: Director EDGAR ↗
  • Dec 13, 2017 · D · $15,300,038 sold of $18,300,038 · 0 investors · min. $65,245 · role: Director EDGAR ↗
  • Jul 10, 2015 · D · $1,790,488 sold of $4,400,000 · 5 investors · min. $50,000 · role: Director EDGAR ↗

Raised $46.6M from 62 investors (100% of the $4M target) as of the latest filing. Mike is listed as director on 6 filings for this deal.

Latest filing on EDGAR ↗
Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer. "Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Biotechnology / 506(b) (3,253 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

SP
Other

SWLA Phase 1, LLC

Sioux Falls, SD · Mar 29, 2016
  • Mar 29, 2016 · D · $6,255,000 sold of $6,255,000 · 30 investors · min. No minimum reported · role: Executive Officer (Manager) EDGAR ↗

Raised $6.25M from 30 investors (100% of the $6.25M target) as of the latest filing. Mike is listed as executive officer.

Latest filing on EDGAR ↗
Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer. "Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Other / 506(b) (18,678 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

People around Mike 10

Officers, directors, promoters and management entities named on the same filings, as of Oct 23, 2026, 5:45 PM ET.

SK
No photo found yet (own website and image search run after this page is viewed)
Person

STEVE KIRBY

Director · 6 shared filings (1 issuer) · also on 28 other issuers

STEVE KIRBY is on 29 issuers in total — a repeat sponsor. Their page lists every one.

JM
No photo found yet (own website and image search run after this page is viewed)
Person

John Murphy

Executive Officer, Director · 6 shared filings (1 issuer) · also on 5 other issuers

John Murphy is on 6 issuers in total — a repeat sponsor. Their page lists every one.

SF
No photo found yet (own website and image search run after this page is viewed)
Person

Shane Farritor

Executive Officer, Director · 6 shared filings (1 issuer)

Listed on the same filings as Mike Jerstad. Their page shows their other deals.

SH
No photo found yet (own website and image search run after this page is viewed)
Person

SANDY HORST

Director · 4 shared filings (1 issuer) · also on 20 other issuers

SANDY HORST is on 21 issuers in total — a repeat sponsor. Their page lists every one.

SS
No photo found yet (own website and image search run after this page is viewed)
Person

Shi Shenghao

Director · 3 shared filings (1 issuer) · also on 1 other issuer

Listed on the same filings as Mike Jerstad. Their page shows their other deals.

TS
No photo found yet (own website and image search run after this page is viewed)
Person

TYLER STOWATER

Director · 1 shared filing (1 issuer) · also on 33 other issuers

TYLER STOWATER is on 34 issuers in total — a repeat sponsor. Their page lists every one.

DO
No photo found yet (own website and image search run after this page is viewed)
Person

Dmitry Oleynikov

Director · 1 shared filing (1 issuer)

Listed on the same filings as Mike Jerstad. Their page shows their other deals.

PB
No photo found yet (own website and image search run after this page is viewed)
Person

Paul Batcheller

Executive Officer · 1 shared filing (1 issuer)

Listed on the same filings as Mike Jerstad. Their page shows their other deals.

SL
No photo found yet (own website and image search run after this page is viewed)
Person

Scott Larson

Executive Officer · 1 shared filing (1 issuer)

Listed on the same filings as Mike Jerstad. Their page shows their other deals.

LW
No photo found yet (own website and image search run after this page is viewed)
Person

Lewei Wang

Director · 1 shared filing (1 issuer)

Listed on the same filings as Mike Jerstad. Their page shows their other deals.

The team behind the deals

Registrations and other filings

Business registration (state registry / Secretary of State)

Individuals are not matched to business registrations — registries list companies, and a name alone is not enough to tie a person to one. Officers and managers appear by name inside each matched company's record on the issuer pages. Registries searched: AL (Alabama Secretary of State — Business Entity Records (arc-sos.state.al.us), searched by issuer name, data as of Oct 24, 2026); CO (Colorado Secretary of State — Business Entities in Colorado (data.colorado.gov), data as of Oct 23, 2026); CT (Connecticut Secretary of the State — Business Registry (data.ct.gov), data as of Oct 24, 2026); FL (Florida Department of State, Division of Corporations — quarterly corporate data file (Sunbiz), data as of Oct 7, 2026); KY (Kentucky Secretary of State — Business Entity Search (sosbes.sos.ky.gov), searched by issuer name, data as of Oct 24, 2026); NY (New York Department of State — Corporations and Other Entities (data.ny.gov: All Filings + Active Corporations), data as of Oct 20, 2026); OR (Oregon Secretary of State — Active Businesses, All (data.oregon.gov), data as of Oct 20, 2026); PA (Pennsylvania Department of State — Registered Businesses, Current (data.pa.gov), data as of Oct 6, 2026); TX (Texas Comptroller — Active Franchise Taxpayers incl. Secretary of State file data (data.texas.gov), data as of Oct 24, 2026). Registries of other states have not been searched: many publish no bulk file and require a CAPTCHA or bot challenge on their search page, which we do not bypass (Delaware, for example, offers no public bulk file).

Adviser registration (Form ADV)

None of the 2 issuers this person is listed on appears in Form ADV (searched 24,962 advisers as of Oct 2, 2026). A person is never an adviser firm; Form ADV is checked for the issuers and the management companies they are listed with.

Other offering types (Regulation A and Regulation Crowdfunding)

Searched SEC Regulation A Data Sets (Forms 1-A, 1-K, 1-Z; 2015 Q2 → 2026 Q3); SEC Crowdfunding Offerings Data Sets (Form C family; 2016 Q2 → 2026 Q3); EDGAR form index for 2026 Q3 → 2026 Q4 (51,358 records as of Oct 23, 2026, 8:41 PM ET) — nothing matched this name.

Property records none — individuals are not matched

Property records are matched to companies only, never to individuals, so none are matched to Mike Jerstad by design. Searched property records in Hillsborough County FL (Clerk recorded-document index Oct 14, 2026 to Oct 15, 2026 + FL DOR 2026 ownership roll), Miami-Dade County FL (FL DOR 2026 ownership roll), Harris County TX (HCAD 2026 ownership roll), Dallas County TX (DCAD 2026 ownership roll), New York City ACRIS documents and PLUTO ownership rows already retrieved for other issuers, Cook County IL sale and ownership rows already retrieved for other issuers (814,874 records as of Oct 23, 2026, 8:59 PM ET) for the 2 issuers this person is listed on — nothing matched.

Public profiles and social

Websites and social links of the issuers Mike Jerstad is listed on: none on file. No website or social profile named in SWLA Phase 1, LLC's SEC filings (Form C, Reg A, Form ADV; checked Oct 24, 2026). Web search for this name: #289,254 of 374,652 in line (1,386 issuers searched so far). One-tap searches: Look further ↓

Look further

One-tap searches on sites we do not index ourselves, with the name pre-filled (Sioux Falls, SD). Each opens in a new tab; what you find there is not verified by PartnerFacts.

Social and web

LinkedIn people search ↗Instagram ↗X (Twitter) ↗Facebook ↗YouTube ↗Google ↗Google Images ↗Google News ↗Meta Ad Library ↗

Courts

CourtListener / RECAP (federal) ↗PACER case locator (federal, login) ↗South Dakota state courts — find the court ↗California — find the county court ↗Los Angeles Superior Court case search ↗Nebraska state courts — find the court ↗

Securities regulators

SEC EDGAR full-text search ↗SEC action look-up ↗FINRA BrokerCheck ↗SEC IAPD adviser search ↗

Business registries

South Dakota Secretary of State business search ↗California Secretary of State business search ↗Nebraska Secretary of State business search ↗OpenCorporates ↗

Change history

No corrections have been requested for this page.

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