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To: madmax123 who wrote (33335)	2/4/2015 12:45:21 PM
From: diddlysquatz	9 Recommendations Recommended By Chunger downandout educated.idiot kidl longz and 4 more members Read Replies (5) \| Respond to of 49402

I find the "accredited investor" rule a little ridiculous. It's based on the idea that those that have a certain amount of money are smart enough to know what a good investment and/or have the financial capability of withstanding a loss of their investment. I can tell first hand through experience that there are a lot of dumb rich people and very smart people that don't meet the accredited investor criteria. This allows the liability and therefore financial control to rest with the brokerage industry many of whom wouldn't be able to meet the financial criteria of the accredited investor rule themselves. When I was a broker I was stunned at how many wealthy investors left their financial planning and investment decisions up to brokers and planners that could barely make their monthly rent. A change to the antiquated accredited investor rule is long overdue.

To: madmax123 who wrote (33335)	2/4/2015 4:50:57 PM
From: forbrydelsen	Respond to of 49402

madmax, thats interesting. Havent read the whole thing but does the OSC (Ontario Securities) have jurisdiction over the Venture Exchange? Or would this just relate to TSX listed companies? There is another option and thats by way of CPCs (Capital Pool Companies). I know Fabrice is working on one for Presidents Club members and you won't need to be accredited to participate. I may try that but realise a CPC is exceptionally risky and its a bet on Management, even more so than usual.