Shallow Texas Oil Investment

Home -- Accredited Investors or Qualified Purchasers

Accredited Investor vs. a Qualified Purchaser

Accredited Investor:
You are an accredited investor if any one of the following are true:

1) Your individual net worth, or joint net worth with spouse, at the time of this purchase exceeds $1,000,000.

2) You had an individual income in excess of $200,000 in each of the two most recent years and reasonably expect an income in excess of $200,000 in the current year.

3) You and your spouse have had joint income for the most two recent years in excess of $300,000 and expect your joint income to be in excess of $300,000 for the current year.

Qualified Purchaser:
You are a qualified purchaser if the fair market value of all assets, including home, furnishings and personal automobiles is or exceeds $500,000.

 

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