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Re: ACTC post# 37337

Wednesday, 12/29/2010 7:31:09 PM

Wednesday, December 29, 2010 7:31:09 PM

Post# of 76214
504 filings has only one "redtape"- no more than a 1M can be secured thru it, just a simple fill in the blank document with SEC requirement, other regulations have more strict guidelines, and even those can be met real easy


a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year; or



a natural person who has individual net worth, or joint net worth with the person’s spouse, that exceeds $1 million at the time of the purchase;



easy to meet either of these to be an "accredited investor"