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Re: Patentinvestor post# 5919

Saturday, 08/29/2015 2:41:06 PM

Saturday, August 29, 2015 2:41:06 PM

Post# of 14775
PI, 4Retire would not necessarily be an insider although he may have access to periodic financials. The SEC has definitions for "qualified or accredited" investors who are allowed to purchase shares in private-held companies, as Uniloc was. Brokerages which cater to high net worth individuals have access to such deals, as do angel investor groups. Often, the minimum investment a qualified investor can make with one of these private firms would be in multiples of $25k. The companies can, of course, specify lower or higher minimums. The investor is usually prevented from reselling the shares until such time as the company registers the shares with the SEC.

He may be under restriction about sharing the Uniloc financials. Or not.

Patentinvestor Wednesday, 08/19/15 10:24:39 AM
Re: onewhoknows2much post# 5916
Post # of 6058

If Uniloc is private than our friend 4retire purchased his shares in a private transaction? And 4retire has access to all of their financials? Is he an insider? Was the balance sheet of Uniloc posted? I must of missed that. Lots of questions. Sorry.


All I say is IMHO and not to be construed as investment advice. I know nothing, as informed frequently by my wife.

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