Bitcoin Forum

We are just wondering how many members here would qualify as "Accredited Investor".  (Poll is for 14 days)

An "accredited investor" is defined by Rule 501 of Regulation D under the Securities Act of 1933 as:

(1)   Any organization described in Section 501(c)(3) of the Internal Revenue Code, corporation, simple business trust, or partnership not formed for the specific business purpose of acquiring the securities offered, with total assets in excess of $5,000,000;

(2)   Any director, executive officer, or Company of the issuer of the securities being offered or sold, or any director, executive officer, or Company of a Company of that issuer;

(3)   Any natural person whose individual net worth or joint net worth with that person's spouse, at the time of his or her purchase exceeds $1‚000,000;

(4)   Any natural person who had an individual income in excess of $200,000 or joint income with that person's spouse in excess of $300,000, in each of the two most recent years and who reasonably expects to reach the same income level in the current year;

(5)   Any trust, with total assets in excess of $5,000,000, not formed for the specific purpose of acquiring the securities offered, who purchase is directed by a "sophisticated person" as described in Rule 506(b)(2)(ii) of Regulation D promulgated under the Securities Act (i.e. has such knowledge and experience in financial and business matters that he or she is capable of evaluating the merits and risks of the prospective investment);

(6)   Any entity in which all of the equity owners are accredited investors; or

(7)   Any bank as defined in section 3(a)(2) of the Securities Act, or any savings and loan association or other institution as defined in section 3(a)(5)A) of the Securities Act whether acting in its individual or fiduciary capacity; any broker or dealer registered pursuant to section 15 of the Securities Exchange Act of 1934; any insurance company as defined in section 2(13) of the Securities Act; any investment company registered under the Investment Company Act of 1940 or a business development company as defined in section 2(a)(48) thereof; any Small Business Investment Company licensed by the U.S. Small Business Administration under section 301(c) or (d) of the Small Business Investment Act of 1958; any plan established and maintained by a state, its political subdivisions, for the benefit of its employees, if such plan has total assets in excess of $5,000,000; any employee benefit plan within the meaning of the Employee Retirement Income Security Act of 1974 if the investment decision is made by a plan fiduciary, as defined in section 3(21) of such act, which is either a bank, savings and loan association, insurance company, or registered investment adviser, or if the employee benefit plan has total assets in excess of $5,000,000 or, if a self-directed plan, with investment decisions made solely by persons that are accredited investors.

Why are you asking this?Pointless thread... ???
Are you searching for people with lots of money to scam?...Just kidding ;)

No accredited investor would get scammed because they know better. I'm curious as to why they're asking, though.

We where debating rather or not to post our project, as we are only seeking accredited investors.

IMO, it can't hurt to try. Worst case is nobody bites.