Thank you very much. It does help; but raises some questions; one of which is why is 141 taking this exemption path? In part the exemption says: The total gross capital contributions in all pools operated or intended to be operated do not exceed $400,000 (plus contributions from principal,families, etc.).
Does this constrain 141 from additional offerings?
Also, I don't know what 141's "fixed expences" are. But, if they will be covered by commissions on the gains from a $400,000 capital pool, they must be impressive IMO. I look forward to seeing the trading performance record.
All just my opinions. Please do your oown DD. GLTA