Accredited Investor
Rule 501(a) of Regulation D under the Securities Act of 1933 define an
accredited Investor as:
1) Is a natural person whose individual net worth, or joint net worth
with that person's spouse, at the time of the purchase exceeds
$1,000,000;
2) Is a natural person who had individual income exceeding $200,000 in
each of the two most recent years or joint income with a spouse
exceeding $300,000 in each of those years and has a reasonable
expectation of reaching the same level of income in the current year;
3) Is a director, executive officer, or general partners of the company
offering or selling the securities;
4) Is a business in which all the equity owners are accredited
investors;
5) Is any organization with total assets in excess of $5,000,000, not
formed for the specific purpose of acquiring the securities being
offered;
6) Is any trust with total assets in excess of $5,000,000, not formed
for the specific purpose of acquiring the securities being offered,
whose purchase is directed by a sophisticated person; and
7) Is a non-profit organization with assets in excess of $5,000,000.