Brilliant Technologies Corp. (fka BLLN)

[Wayne Rosso]

Definition of 'Non-Accredited Investor'
An investor who does not meet the net worth requirements for an accredited investor under the Securities & Exchange Commission's Regulation D. A non-accredited individual investor is one who has a net worth of less than $1 million (including spouse) and who earned less than $200,000 annually ($300,000 with spouse) in the last two years.


Investopedia explains 'Non-Accredited Investor'
When a company raises private equity for an investment, such as a new company or a hedge fund, it is able to receive unlimited investments from accredited investors. On the other hand, Regulation D stipulates only 35 non-accredited investors are allowed to invest money into a private placement.


What do you want to bet that he's taken in more than 35 poor suckers? Stockjock, maybe you should contact your local news media and tell them about the dog and pony show and the real story. Give Klepsy some publicity. That would be a public service.

Read more: http://www.investopedia.com/terms/n/nonaccreditedinvestor.asp#ixzz1ldQOWRbm