The consortium

9MM

Re: http://www.ironforlife.com/t34671-new-opportunity.html

Some of you are dissapointed I am sure that you do not have sufficent funds to partake in the above venture. So I have a solution. Together we can form a co-op to invest in the hedge fund. The requirement are thus. Minimum investment is 1M points. Investments can be increased by increments of 100,000 at at time so 1.2m, 2.1m, 3.4m are acceptable investments. This is not a penny share fund so keep your lose change. Please expess your interest before donating. When I am satisfied we have a sufficent quota to form a co-op, I will request your contribution. Investment will be subject to our meeting the required 25m contribution with our co-op. If all pledged funds are not donated, the investment will continue subject to the following criteria.

1. total of actual investments meets required 25m points.
2. the hedge fund administrator acceptance of a co-op investment.
3. You have a maximum of 7 days to donate your pledged amont. Failure to do so will exclude you from the co-op.

In the event that the co-op fails to materialise, your points will be refunded at 100% of original investment. This will happen within a reasonable time frame.

I won't take any commision on top of your investment. Any deduction made from the investment will be from the combined fund taken by the hedge fund administrator.

Any return on funds will be dispersed via me. These will be subject to an administrative charge of 10% deducted before you receive your return. Returns will be distributed in a timely manner.

Finally all contributions must be confirmed as received.

Whitey

I like it, the poor man's hedge fund.