What is an Accredited Investor?
An investment in the Prophecy Capital Management offerings is suitable only for individuals, partnerships, corporations, limited liability companies, trusts or other entities of adequate financial means who are Accredited Investors and have no need for liquidity with respect to such investments. To qualify with the Securities and Exchange Commission (SEC) for the dissemination of abbreviated offering documents and an accelerated offering timetable, we must restrict our investors to those individuals who are considered to be relatively sophisticated and financially independent under the securities laws. The timing of our transactions in the context of securities laws dictates the use of this format and requires that our investors demonstrate such sophistication by maintaining on file an Accredited Investor Suitability Form.
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