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	<title>Comments on: Update on the Attorney Meeting</title>
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	<link>http://livingoffdividends.com/2006/05/30/update-on-the-attorney-meeting/</link>
	<description>Join me on my journey to achieve financial independence through dividends, passive income and investments</description>
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		<title>By: Empty Spaces Inc.</title>
		<link>http://livingoffdividends.com/2006/05/30/update-on-the-attorney-meeting/comment-page-1/#comment-244</link>
		<dc:creator>Empty Spaces Inc.</dc:creator>
		<pubDate>Sat, 03 Jun 2006 14:47:00 +0000</pubDate>
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		<description>well we not taking any sort of fee. whatever we make is performance based and our attorney said $1mill networth or 200k/yr salary is credited.[basically run-0f-the-mill acredited rules]&lt;br/&gt;&lt;br/&gt;we still need full disclosures even if its non-accredited friends and family.[although without it they probably wouldn&#039;t sue us if they lost money so it wouldn&#039;t matter]</description>
		<content:encoded><![CDATA[<p>well we not taking any sort of fee. whatever we make is performance based and our attorney said $1mill networth or 200k/yr salary is credited.[basically run-0f-the-mill acredited rules]</p>
<p>we still need full disclosures even if its non-accredited friends and family.[although without it they probably wouldn't sue us if they lost money so it wouldn't matter]</p>
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		<title>By: mOOm</title>
		<link>http://livingoffdividends.com/2006/05/30/update-on-the-attorney-meeting/comment-page-1/#comment-243</link>
		<dc:creator>mOOm</dc:creator>
		<pubDate>Fri, 02 Jun 2006 23:37:00 +0000</pubDate>
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		<description>hmm so the people you wanted to invest with you are accredited investors? I read recently also that in order to charge incentive fees in the US the investors have to have a minimum net worth of $1.5 million. &lt;br/&gt;&lt;br/&gt;Is the issue here the charging of fees to investors? If you just want to pool funds together to invest there must be some simpler approach?</description>
		<content:encoded><![CDATA[<p>hmm so the people you wanted to invest with you are accredited investors? I read recently also that in order to charge incentive fees in the US the investors have to have a minimum net worth of $1.5 million. </p>
<p>Is the issue here the charging of fees to investors? If you just want to pool funds together to invest there must be some simpler approach?</p>
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		<title>By: pyroracing85</title>
		<link>http://livingoffdividends.com/2006/05/30/update-on-the-attorney-meeting/comment-page-1/#comment-241</link>
		<dc:creator>pyroracing85</dc:creator>
		<pubDate>Thu, 01 Jun 2006 19:59:00 +0000</pubDate>
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		<description>Wow!. I learn something everyday by reading your post.&lt;br/&gt;&lt;br/&gt;You could do this for any type of investment to raise capital.&lt;br/&gt;&lt;br/&gt;Very interesting</description>
		<content:encoded><![CDATA[<p>Wow!. I learn something everyday by reading your post.</p>
<p>You could do this for any type of investment to raise capital.</p>
<p>Very interesting</p>
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