Rennova Health Inc (RNVA)

[moe_the_gyp01]

You don't have to move to Canada to trade in the EM but the hurdles you need to clear in order to be approved to trade EM might not pencil well and it would probably be easier to move to Canada. LOL

Retail investors generally face significant barriers to trading in the Expert Market due to the high-risk nature of these securities and regulatory protections aimed at safeguarding less sophisticated investors. Access is typically restricted to those who meet stringent qualifications, such as accredited investor status, and even then, brokers may impose additional requirements.


To qualify as an accredited investor in the United States, individuals and entities must meet specific financial criteria established by the Securities and Exchange Commission (SEC). The requirements are as follows:

Individual Accredited Investor:
Income Test:

An individual must have an annual income exceeding $200,000 in each of the two most recent years or joint income with a spouse or spousal equivalent exceeding $300,000 for those years, with a reasonable expectation of the same income level in the current year.

Net Worth Test:
An individual must have a net worth over $1 million, either alone or together with a spouse or spousal equivalent, excluding the value of the person's primary residence.

Entity Accredited Investor:

Entities Meeting Asset Thresholds:
A bank, insurance company, registered investment company, business development company, or small business investment company.
An employee benefit plan, trust, charitable organization, corporation, or partnership with total assets exceeding $5 million, not formed specifically to acquire the securities offered.

Entities with Qualified Owners:

Any entity in which all the equity owners are accredited investors.

Knowledgeable Employees:

A director, executive officer, or general partner of the company selling the securities.
Recent Amendments and Additional Criteria:

Professional Certifications:

Individuals holding certain professional certifications, designations, or credentials designated by the SEC, such as Series 7, Series 65, and Series 82 licenses.

Knowledgeable Employees of Private Funds:

Knowledgeable employees of private funds, such as hedge funds or private equity funds, are also considered accredited investors.
These criteria are designed to ensure that accredited investors have the financial sophistication and ability to bear the risks of investing in unregistered securities.

LOL, good luck.