Information about Charleston Commercial Listings real estate directory

Charleston Commercial Listings does not sell, nor does it offer to sell, any securities. No information contained on this site is intended to constitute, nor shall it be interpreted as, any such sale or offer to sell. Charleston Commercial Listings is not a registered security broker or dealer and is not regulated under the securities laws. Any company or investor who uses the site in connection with a potential transaction does so at its own risk and is solely responsible for conducting its own legal, accounting and due diligence review. Charleston Commercial Listings recommends that all members who use the site seek legal counsel to review compliance with applicable federal, state and/or foreign securities laws and regulations, as well as the counsel of regulatory, tax and accounting advisors as applicable. Investment information on this site must only be provided to accredited investors who are familiar with and willing to accept the high risk associated with private investments. Any investor or investor advisor who intends to utilize this site must be an accredited investor, and it is your responsibility to verify such. A general solicitation or advertisement may result in the loss of an applicable securities law exemption. All materials on this site are strictly for informational purposes only. Charleston Commercial Listings is not involved in the preparation and furnishing of the member information on this site. Charleston Commercial Listings has not investigated, and is not responsible for, the accuracy or completeness of any member information on the site.

Information about Rule 501 Regulation D and Accredited Investor

Your initial approval as an Investor on the Charleston Commercial Listings is revokable at anytime without any reason by the Company. As used in Rule 501 Regulation D, the term “Accredited Investor” shall mean any person who comes within any of the following categories, or who the issuer reasonably believes comes within any of the following categories, at the time of the sale of the securities to that person:

(a) Any bank as defined in section 3(a)(2) of the Act or any savings and loan association or other institution as defined in Section 3(a)(5)(A) of the Act whether acting in its individual or fiduciary capacity; any broker dealer registered pursuant to Section 15 of the Securities Exchange Act of 1934; insurance company as defined in Section 2(13) of the Act; investment company registered under the Investment Company Act of 1940 or a business development company as defined in Section 2(a)(48) of that Act; Small Business Investment Company licensed by the U.S. Small Business Administration under Section 301(c) or (d) of the Small Business Investment Act of 1958; employee benefit plan within the meaning of Title I of the Employee Retirement Income Security Act of 1974, if the investment decision is made by a plan fiduciary, as defined in Section 3(21) of such Act, which is either a bank, savings and loan association, insurance company, or registered investment adviser, or if the employee benefit plan has total assets in excess of $5,000,000; or, if a self-directed plan, with investment decisions made solely by persons that are accredited investors;

(b) Any private business development company as defined in Section 202(a)(22) of the Investment Advisers Act of 1940;

(c) Any organization described in Section 501(c)(3) of the Internal Revenue Code, corporation, Massachusetts or similar business trust, or partnership, not formed for the specific purpose of acquiring the securities offered, with total assets in excess of $5,000,000;

(d) Any director, executive officer, or general partner of the issuer of the securities being offered or sold, or any director, executive officer, or general partner of a general partner of that issuer;

(e) Any natural person whose individual net worth, or joint net worth with that person’s spouse, at the time of his purchase exceeds $1,000,000;

(f) Any natural person who had an individual 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 reasonable expectation of reaching the same income level in the current year;

(g) Any trust with total assets in excess of $5,000,000, not formed for the specific purpose of acquiring the securities offered, whose purchase is directed by a sophisticated person as described in Rule 506(b)(2)(ii); and

(h) Any entity in which all of the equity owners are accredited investors.