Bridge- Global Investment Network part 3

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Before going any further
Seems like Bridge has generated some interest here on Nobsinvest. Before going further explaining how to join there are some things that needs to be known.
Since Bridge is striving to become global Bridge is very diligent in following the rules of the countries they operate in. Countries like USA, Canada, Australia and Japan have very strict laws when it comes to investing in pre-ipos of companies from other countries. For example, normal chinese citizens is not allowed to own shares in foreign companies at all.

So for example if you are a citizen of the the above mentioned countries it is your responsibility to look up what kind of restrictions that applies to you. Because if you join and then it turns out your country´s laws prohibits you from investing in these kind of investments you wont be able to participate in the Bridge share issues. Also the membership fee is non-refundable so that would kind of suck. You are now a member but you can´t invest and what is the point with that. So please investigate before joining.

I have heard that US citizens can invest if they are “accredited investors”(whatever that means), someone mentioned it has got something to do with what kind of tax form you use or how you pay your taxes. Since I am not from USA I cannot confirm this.

What is the minimum investment?
I saw that this question was asked in the comments section and the answer is: 1 block of shares per share issue. The amount of shares in 1 block differs from case to case since it is decided by the company and the broker that is doing the issue.

The price for 1 block of shares will be and has been set to 1000-1500 Euro to be affordable to small investors.

Membership Levels
There are 3 kind of membership levels that one can choose from: Silver, Gold or Platinum. One can pay the difference and upgrade at anytime you want. That means that you can start with a silver membership and then at a later stage upgrade if you feel that you want or need the gold membership benefits. As for the debit card mentioned in the Gold and Platinum memberships, it will have your name printed on it but the magnetic strip wont have, so it is basically anonymous.

SILVER,

* Basic level
* Sign up 1 000 EUR
* Annual fee 300 EUR
* Apply for a basic Custody account for investments
* No minimum requirements in deposit

GOLD

* Premium level
* Sign up 2 000 EUR
* Annual fee 300- 600 EUR
* Apply for a basic Custody account
* Apply for a Debit card

* Extra assignment of shares if oversubscribed
* No minimum requirements in deposit

PLATINUM

* Advanced level
* Sign up 3 000 EUR
* Annual fee 300- 600 EUR
* Apply for an expanded Custody account
* Apply for Debit card
* Extra assignment of shares if oversubscribed
* Custody account can be used for all other shares than part of Bridge offers
* VIP Travel pass (Exclusive resorts, discounted prices and easily paid from your deposits)
* Minimum requirement 50 000 EURO in deposit

How to join.

* This is the invitation link : http://www.mybridgeportal.com/104952
* Or go to www.bridgeltd.com
* Click join and check out “members program” and choose what kind of membership you want and then go back and click on “apply”
* The invitation code is 104952
* The membership fee can be paid with Visa or Mastercard.
* After receiving your member number you can go to www.bridgeltd.com to log in to your account.
* Don´t forget to apply for an ACH account right away as this might take 1-3 weeks or more depending on the workload at ACH.
* Please contact me if you have additional questions.

That pretty much covers the basics, for more info check my blog. If you have any questions pls ask them in the comments section or send me an e-mail. From here on out I will try to update here if there are any news regarding Bridge and the companies. Or you can always check out: www.sewercash.blogspot.com

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9 Comments »

Comment by Gaby
2007-11-05 00:42:07

Accredited investor as defined by SEC: (url: http://www.sec.gov/answers/accred.htm)
.. and as defined by wikipedia (url: http://en.wikipedia.org/wiki/Accredited_investor)

 
Comment by Victor Chu
2007-11-05 01:45:30

Thanks for that Gaby!

Here is an interesting answer I got to the “accredited investor” topic: http://www.hyipdiscussion.com/297628-post266.html

 
Comment by Gaby
2007-11-05 02:11:23

Well.. that post suggest “lying”, in order to invest in what is not allowed by the SEC. It might be a way around it, but in reality you take the risk that it might backfire in your face, in case they ever do check it out …

I am not from america thought and not versed in how SEC acts, so that might really be a standard procedure …

 
Comment by zivile
2007-11-22 14:47:21

hallo,
The problem is that members do not get as many shares (blocks)as they want.Some of them haven’t got anything!!Supply is too litle now.Do not forget that there are anual taxes!!! I’m a member of this club and am very disapointed.

Comment by Jude
2007-11-22 15:56:05

Interesting, but the lesser your shares with them, the lesser tax you pay, no?

 
 
Comment by Max
2007-12-07 00:35:25

Another case for forming your offshore structure and invest in whatever you want, wherever you want without being restricted by your home countries government who think they own you.

Become a sovereign individual and wise up. This is “YOUR” planet. Live where you want. Live how you want and learn to play the game properly in order to do so.

Comment by Jude
2007-12-07 11:59:22

Max, so you actually form your own offshore entity to do all these? Mind giving a tip or two on how to do it?

 
 
Comment by Global Investment
2009-11-19 15:23:26

Laws define the term “accredited investor” in Rule 501.

 
Comment by Best Stock Pics
2010-05-25 08:57:31

This is really Nice and Interesting Blog Post, keep track your update post and we will use your posts feeds in our financial blog, really great job, well keep in touch. John Best Stock Pics

 
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