Continuing from last post, I said, “If I want to give it a try, how do I proceed?” Tim said it’s very simple. Since they don’t have third-party sales, the company itself is the issuer. According to exemptions in securities law, as long as you‘re an accredited investor, you can directly sign a subscription agreement and start receiving dividends monthly.
I asked, “What’s the minimum amount?” He said, “It starts at $10,000.”
I said, “Okay, I’ll give it a try.” I commited a small amount to start with, transferred the money, and started receiving interest every month. So far, the dividends have been stable at an annualized rate of 7%.
During this time, I received some event invitations from them, such as “Hall of Fame,” where I only recognized Avril Lavigne among the guest list, while the others’ names I couldn’t even remember. Anyway, they focused on one being expensive and the other being famous. I didn’t care about that; I just wanted to know if they could go public in a few years.
Folks, if you‘ve read through this series and are interested, and you‘re an accredited investor, feel free to email me. I’ll directly introduce you to Tim, and then you can chat with him yourself!
Stay tuned for more educational series to come!
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