1
Q
RULE 501
A
An individual eligible under federal law to purchase securities sold in a private placement is an ACCREDITED INVESTOR
2
Q
QUALIFIED PURCHASER
A
Must have not less than $5 million in investments
3
Q
ACCREDITED INVESTOR
A
Has $200,000 annual income or $1 million net worth
4
Q
QUALIFIED CLIENT
A
Either natural person has at least $1.1 million under IA’s management or has a net worth (spouse can be included) of more than $2.2 million exclusive of the equity in a primary residence
5
Q
STOCK EXCHANGE
A
Prices are determined by auction.
