Terms and Conditions of Private Investor Club
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All new members will be verified before being given access to the Club. (And if your qualifying information changes, you agree to let the Club know).
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All information in the Club is 100% confidential and you must agree not to disclose it to anyone. (Certain exceptions can be made for your legal or financial advisors who have a need to know and take certain precautions to protect the information. ).
Please read below for complete information.
Intro
It's understood and agreed that you ("Subscriber") would like to become a member of Exhedra's Private Investor Club ("Club" or "Service"). This Club includes a public and private website, as well as personal communication through email, newsletters, in-person meetings and other means. The Club was created and is run by Exhedra Solutions Inc. ("Exhedra") which includes it's CEO, Ian Ippolito. Club feeders are run by Private Investor Club LLC ("PIC"). The Club, Exhedra and PIC are collectively called "PIC Related Companies".
Non-disclosure of confidential information
Subscriber agrees to all of the terms of the Club Nondisclosure Agreement detailed here.
PIC Related Companies strict Code of Ethics / Code of Conduct
To avoid conflicts of interest and demonstrate neutrality and trustworthiness, PIC Related Companies adhere to a strict code of ethics to itself at all times.
Many other sites (and investment clubs) have significant conflicts of interest, that compromise their neutrality, trustworthiness, integrity and usefulness. To avoid this, we agree to restrict ourselves to the following code.
NO money will be accepted from any outside sponsor or platform for ANYTHING. This includes but is not limited to:
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No money for guides, tutorials, reviews or postings (or any content in them, or to modify or delete them).
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No money for introducing or connecting investors to them or their deals.
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No money for users who click on links that go to their sites.
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No money for advertising on the site.
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Additionally, the private investor club may negotiate better financial terms on deals for the benefit of the members investing in them. No special financial terms will be negotiated for myself above and beyond what members receive.
For clarity: I do receive monetary compensation in two ways: via donations or a club feeder. Site members can send donations (and a $200 donation entitles them to access my personal low-level due diligence notes on investments I've put money into). And if the club chooses to create a feeder, I take a fee as manager (and keep the excess beyond expenses). Very occasionally a sponsor may choose to reimburse some of the costs of creating a feeder as well.
Additionally I receive the same non-monetary compensation all club members do: Access to otherwise inaccessible sponsors, millions of dollars of special deals and discounts, the satisfaction of giving back and helping others, and more.
No soliciting
Club members may not solicit in the club (nor post comments on threads on which they have a financial conflict of interest). Members that do will have their membership revoked and may have their service or product blackballed. The one exception is in the "marketplace" category of the club which does allow soliciting.
No warranties or guarantees
Subscriber understand and acknowledges that all Materials may contain inaccuracies or errors. Neither PIC Related Companies, Club members nor any 3rd parties, provide any warranty or guarantee as to the accuracy, timeliness, performance, completeness or suitability of the Materials for any particular purpose. PIC Related Companies expressly excludes liability for any such inaccuracies or errors to the fullest extent permitted by law. Subscriber acknowledges that Subscriber use of any Materials is entirely at Subscriber’s own risk, for which PIC Related Companies shall not be liable. It will be Subscriber’s own responsibility to ensure that any Materials meet Subscriber’s needs and requirements.
Copyright
All Materials in the club are owned by PIC Related Companies and/or copyrighted. These Materials includes, but is not limited to, the content, design, layout, look, appearance and graphics. Reproduction, sharing, distributing of any or all of the Materials is prohibited (except with certain advisors as described in the confidentiality agreement section).
Disclaimers
PIC Related Companies (and it's employees) are not attorneys, nor accountants, nor your registered financial advisor, nor financial brokers, nor real estate brokers nor other financial professionals. All information provided by PIC Related Companies (and it's employees) are personal opinion to be used for informational purposes only and does not constitute professional financial, tax, legal or other advice. Subscriber agrees to contact an independent financial, tax, legal or other professional for advice regarding their specific situation, before making any investment and/or tax decisions.
Abuse of service
PIC Related Companies reserves the right to terminate club membership (including any subscriptions), if, in its sole opinion, the Subscriber is abusing the service.
Please remember that we are not responsible for any message posted. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. The messages express the views of the author of the message, not necessarily the views of this forum. Any user who feels that a posted message is objectionable is encouraged to contact us immediately by email.
You agree, through your use of this service, that you will not use this forum to post any material which is knowingly false and/or defamatory, inaccurate, abusive, vulgar, hateful, harassing, obscene, profane, sexually oriented, threatening, invasive of a person's privacy, or otherwise volatile of any law. You agree not to post any copyrighted material unless the copyright is owned by you or by this forum. You also agree that you will not post any potential MNPI via this service.
Access to certain club offerings
Certain offerings made available to members are only available to U.S. investors who are “accredited investors” as defined by Rule 501 of Regulation D under the Securities Act and are made under Rule 506(b) of Regulation D.
As part of joining the Club, or prior to investing, you will be asked to fill out a certification and provide necessary documentation as proof of your income and/or net worth to verify that you meet the requirements of being an accredited investor. For the purpose of subscribing to securities offered under Rule 506(b) of Regulation D, you represent and warrant that you come within at least one of the following categories:
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a natural person who has individual net worth, or joint net worth with the person’s spouse, that exceeds $1 million at the time of the purchase, excluding the value of your primary residence;
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Explanation: In calculating net worth, you include all of your assets (other than your primary residence) whether liquid or illiquid, such as cash, stock, securities, personal property and real estate based on the fair market value of such property MINUS all debts and liabilities (other than a mortgage or other debt secured by your primary residence unless the liability exceed the fair market value of your primary residence).
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a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year;
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a bank, insurance company, registered investment company, business development company, or small business investment company;
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an employee benefit plan, within the meaning of the Employee Retirement Income Security Act, if a bank, insurance company, or registered investment adviser makes the investment decisions, or if the plan has total assets in excess of $5 million;
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a charitable organization, corporation, or partnership with assets exceeding $5 million;
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a business in which all the equity owners are Accredited Investors; or
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a trust with assets in excess of $5 million, not formed to acquire the securities offered, whose purchases a sophisticated person makes.