So has anyone read the share registration document yet? What is with that clause stating you have to be an accredited investor? I, and I doubt many others, meet any of the listed rules to be considered an accredited investor, which includes things like being a millionaire. I cannot sign the contract in its current form. What are we supposed to do now?
I'm starting to feel like we've been duped after all. This requirement was never mentioned once anywhere! I'm back to being extremely worried again and somebody needs to address this ASAP.
I came to post this. It seems like I'll have to go open an account with an "accredited investor" and get them to complete these documents in my name. Is that right?
I would have sold my shares on Havelock if I had known in advance.
, that isn't good enough. Accredited investors can only purchase shares for themselves, and not for another person. Though IANAL and IANAA, so I might be reading that wrong.