Thanks for clarifying that you don't understand what I have been saying.

I have four LLCs, they cost fifty bucks to file. One of them registered with the SEC and did a direct public offering. None of them can legally take on unaccredited investors without registering with the SEC. I do have some libertarian streaks, but that's is not what I posted about in the beginning.

What I posted about is the ridiculousness of using a million dollars in assets as a rational threshold for determining a "sophisticated investor".

You interjected everything else and I couldn't steer you back to the point that I wanted to discuss.

There's my clarification.
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You canít solve a problem without first understanding what the problem is.