The company's mission is to bring institutional-grade investment opportunities to
accredited investors. The investments developed by Direct Source Wealth are speculative in nature and entail significant risks.
Some try to only sell to
accredited investors [in the US, someone with a certain level of income or wealth], or use the SAFT [Simple Agreement for Future Tokens, a contract that attempts to stay on the right side of US securities law while building in some safeguards for investors].
The report also recommends that the "
accredited investor" definition could be broadened to include any investor who is advised on the merits of making a Regulation D investment by a fiduciary, such as an SEC- or state-registered investment advisor.
This Note examines potential changes to the
accredited investor definition and how these changes will likely impact entrepreneurs and small businesses relying on the NC PACES Act.
Private placements must remain confidential in nature, and solicitation to
accredited investors must be made in private.
The Company will begin immediately to enter Forward Gold Purchase Agreements with
Accredited Investors worldwide to sell, in advance monthly portions of their planned gold production.
To implement the Congressionally mandated change under the JOBS Act, the SEC recently proposed an amendment to Rule 506, adding a new section that permits the use of general solicitation to offer securities to an unlimited number of investors for an unlimited amount of money so long as all the purchasers of securities are high net worth investors known as "
accredited investors." Further, the companies must take reasonable steps to verify that the investors who purchase securities are accredited.
(5) Under the current definition, an
accredited investor is one "whose individual net worth, or joint net worth with that person's spouse, at the time of his purchase exceeds $1,000,000," or alternatively, one "who had an individual income in excess of $200,000 in each of the two most recent years or joint income with that person's spouse in excess of $300,000 in each of those years, [with] a reasonable expectation of reaching the same income level in the current year." (6) Hedge funds, along with other private investment vehicles such as private equity funds, typically sell securities to
accredited investors as one way of maintaining their exempt status.
The "
accredited investor" concept would allow qualified borrowers to choose interest-only loans, pay-option ARMs; short-term hybrid ARMs, one-month LIBOR ARMs and loans with prepayment penalties.
It is an
accredited Investor in People and holds the Matrix Award for Information, Advice and Guidance.
Accompanies the private placement and offers commentary on what constitutes an "
accredited investor."
In fact, certain investors may be precluded from using one or all of these strategies because of private placement restrictions,
accredited investor limitations, affiliation with the company in question, position size or holding period.
