An accredited investor is an individual with net worth, or joint net worth with that person's spouse, at the time of purchase, exceeds $1,000,000
OR
An individual with income in excess of $200,000 in each of the two most recent years or joint income with that person's spouse in excess of $300,000 in each of those years and has a resonable expectation of reaching the same income level in the current year.

This entry was posted on Friday, March 13th, 2009 at 7:04 am and is filed under Newsletters.
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