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Monday, 02/19/2018 11:43:25 AM

Monday, February 19, 2018 11:43:25 AM

Post# of 130743
"Sophisticated Investors

If you issue an offering under Rule 506 (b) you can accept investment dollars from non-accredited investors if they are Sophisticated Investors. This is the only exception to the accreditation rule. A sophisticated investor is defined as someone that has superior knowledge of business and financial matters. This definition leaves room for interpretation but it is important to define what that means to you and be able to back up your own personal definition. For example, it could be a CFO, CPA, accountant, business owner, banker etc. If they SEC were to ask why you thought this person was sophisticated you should be able to point to an internal set of standards so you can prove that caution was taken when making these decisions."

https://www.accreditedinvestorleads.com/accredited-vs-sophisticated/


you can be represented by an accredited investors or sophisticated investors to buy private shares with the agreement of the company, imo. More simple, more safe and cheaper if done by a sophisticated investor we know, imo. The best is to be yourself in the case of sophisticated investors.
so yes it is not as simple as a public market but it is possible to sell yourself your shares and even to buy shares of a private company (yourself or by a representative).

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