"The SEC has qualified this offering" means the SEC has permitted CERES Coin LLC (CERES) to offer for sale the securities described in the offering circular to investors such as yourself. The SEC is not judging the merits, accuracy, or completeness of the offering or information in the offering circular. Rather, the SEC is merely ensuring that CERES Coin LLC has met the federal legal disclosure and the regulatory requirements necessary to make these shares available to you.