RE:RE:RE:RE:Quick reminder for the boardHere is an example of a private placement that is open to non-accredited investors who are existing share holders:
"...Given the strong demand for the Offering, the Company has determined that the
Offering shall be offered to existing shareholders of the Company ("Existing Security Holders"), in addition to investors that qualify as Accredited Investors under applicable securities legislation (the "
Existing Security Holder Exemption").
Existing shareholder wishing to purchase under the Existing Security Holder Exemption are reminded that in order to participate, a qualified shareholder must deliver (a) an executed subscription agreement in the required form, which will include requirements of the Existing Security Holder Exemption...." https://www.stockhouse.com/news/press-releases/2016/11/10/nutritional-high-announces-increase-in-size-of-private-placement
Also, there is an agency that does perform audits and penalties for not meeting the criteria.
UniverseofLimes wrote: Generally, but not always, one supplies proof of their earning, over $200,000 in the last two years and will make that amount the follwoing year, or if you own $1,000,000 assests before debt, or if you and your spouse combined make over $300,000 combined with the same outline for time as the first example. However, some private placements will allow non-accredited investors to participate if the total investment (current stocks and private placement) is under $15,000. Also, some companies require you to go through a broker to verify you are an accredited investor. Hope this helps. I think the placement is wrapped up anyway, although, there official date for everything to be received is Nov 22.