Wednesday, July 29, 2020 2:31:25 PM
PROVE IT
HALF TRUTHS, INTEREST RATE IS WRONG ETC ETC ETC
YES, THE COMPANY HAS TO BORROW MONEY. IT IS A START UP, BUT IT IS DOING
GREAT NOW.
THE WAY THE COMPANY RAISES MONEY IS BY SELLING STOCK TO AN ACCREDITED INVESTOR.
To be an accredited investor, a person must have an annual income exceeding $200,000, or $300,000 for joint income, for the last two years with expectation of earning the same or higher income in the current year. An individual must have earned income above the thresholds either alone or with a spouse over the last two years. The income test cannot be satisfied by showing one year of an individual's income and the next two years of joint income with a spouse. The exception to this rule is when a person is married within the period of conducting a test.
A person is also considered an accredited investor if they have net worth exceeding $1 million, either individually or jointly with his spouse. The SEC also considers a person to be an accredited investor if they are a general partner, executive officer, director or a related combination thereof for the issuer of unregistered securities.
An entity is an accredited investor if it is a private business development company or an organization with assets exceeding $5 million. Also, if an entity consists of equity owners who are accredited investors, the entity itself is an accredited investor. However, an organization cannot be formed with a sole purpose of purchasing specific securities.
THAT INVESTOR HAS TO HOLD ERBB STOCK FOR ONE YEAR, ONE YEAR!
THEY HAVE RISK TO HOLD IT ONE YEAR. THEY TIE THEIR OWN HARD EARNED MONEY
UP FOR A YEAR, AT LEAST. THEY DON'T HAVE TO SELL, THEY CAN HOLD IT AND
WAIT.
MEMBERS DON'T HAVE TO PROVIDE "PROOF" WHEN OFFERING OPINIONS
THERE IS NO REQUIREMENT FOR MEMBERS TO SUBSTANTIATE THEIR POSTS
VERACITY OF POSTS + CREDIBILITY OF AUTHOR IS DECIDED BY YOU!
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