RE:RE:RE:RE:RE:I'm pleased to announce that after the news release.L&L, I think I need to inform you that you can only buy PP's if you're an Accredited Investor. Here is how you can qualify to become one.
"In Canada, accredited investor status is a legally defined category governed by the Canadian Securities Administrators (CSA). For individuals, it focuses heavily on financial criteria. You must have an annual income exceeding $200,000 individually or $300,000 combined with a spouse for two consecutive years, expecting to meet or exceed that in the current year. Alternatively, you can qualify by having over $5 million in net assets or $1 million in financial assets.
While not formally required, accredited investors are also expected to possess sophisticated knowledge of the risks and opportunities related to private investments."
I've been an accredited investor for 20 years. I don't believe that PP purchasers are buying these instruments to sell for a 2 or 3 cent profit. The financial wherewithal of accredited investors would indicate to me that they're in for the big pay-off. They don't need the money and don't need to sell for a penny-ante gain.
Hope this helps.