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Re: shark300feet post# 30478

Friday, 10/20/2017 2:42:43 PM

Friday, October 20, 2017 2:42:43 PM

Post# of 32851
Right. High net worth individuals are also eligible for the PP.

That may include some MJ industry speculators, but I doubt it applies to the vast majority of us haha.

For an individual investor to participate in a private placement offering, he must be an accredited investor as defined under regulations of the Securities and Exchange Commission (SEC). This requirement is usually met by having a net worth in excess of $1 million or an annual income in excess of $200,000.