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Re: angelinvestor1 post# 2153

Wednesday, 02/09/2011 6:34:32 PM

Wednesday, February 09, 2011 6:34:32 PM

Post# of 6560
Angel, sorry I havent been on here in a while to respond to your request that I verify that minimum threshold requirements are placed upon insitutional invesotrs. I never thought of looking up proof of that! lol I have to admit I've just "known" it from reading about so many companies wanting to get above the $5 limit so they'll be opened up to a greater variety of investment. And also just heard the fact mentioned a lot before.
To find verification I guess you'd have to look at each institution to see what thei'r standards are, as I assume they're alla bit different. But I believe $5 is the standard. I believe very very few trade pennys and OTCs.
Please correct me if Im wrong anyone!
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