Reg D Exemption
Reg D Exemption
Relying on Reg D 506(c) Exemption
PetroCoin® is relying on Rule 506(c) of Regulation D under the Securities Act of 1933, as amended. Investment in the PetroCoin® token is limited to Accredited Investors as defined by the SEC and token purchases will be subject to a 12 month holding period.
An Accredited investor is defined as an individual with a net worth over $1 million, excluding primary residence (individually or with spouse or partner)
Income over $200,000 (individually) or $300,000 (with spouse or partner) in each of the prior two years, and reasonably expects the same for the current year.
More complete information can be found at https://www.sec.gov/education/capitalraising/building-blocks/accredited-investor

