Accredited Investor

See the Securities Act of 1933, Amended 1988 Rules 501*

• Natural persons who individually or jointly with their spouse have a net worth in excess of $ 1 million
• Natural persons who have an income in excess of $200000 for the two most recent years with an expectation of such income in the current year, or those natural persons who have joint income with their spouse for such periods in excess of $300000
• Certain banks, insurance companies, investment companies, small business investment companies, certain employee benefit plans, savings & loan associations, building & loan associations, cooperative bank, homestead association, or similar institution supervised and examined by state or federal authority, with respect to purchases for their own account and in fiduciary capacity. Also a broker/dealer registered with the Commission under the Exchange Act purchasing for its own account as an investment is included. [Rule 501(a)(1)]
• Nonprofit tax-exempt organizations, corporations, partnerships, or business trusts with total assets of $5 million or more, provided that such entities have not been formed solely for the purpose of purchasing securities offered pursuant to Regulation D. [Rule 501(a)(3)]
• Trusts (non-business) with assets in excess of $5 million, not having been formed for the sole purpose of purchasing securities offered, and are directed by a sophisticated person per Rule 506 [Rule 501(a)(7)]