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Assets Requirement

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Assets Requirement
The minimum amount one must invest in order to participate in an activity. For example, a hedge fund may impose a minimum asset requirement of $1 million, meaning that one must place at least $1 million into the hedge fund in order to become an investor. Investment companies sometimes impose asset requirements in order to keep out small investors.


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1875 which were awarded to chairman Philip Kives on December 15, which Kives has said he will exercise by December 31, and the company believes it can exceed Nasdaq's minimum net tangible assets requirement - in spite of a $1m loss for the quarter.
Under the proposed regulation, return on a class of investment that is available only to persons who have the ability to refer business to the corporation would meet the requirements for the safe harbor as long as the corporation meets the 500-person, $5 million total assets requirements and the investment is obtained for fair market value.
; second, we will file the required listing application; and third, we will present to the NASD the Company's plan for achieving the $4,000,000 net tangible assets requirement, including the conversion into equity of certain loans made by management to the Company.
 
 
 
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