Projects needing FUNDING:
Before we link you to our Topical, World Map and Master Indexes -- PLEASE read this:
Project Summaries found on this site are prepared by the project sponsors or from information provided by project sponsors and are
designed for institutional lenders or financiers, their representatives, firms seeking joint-venture opportunities or business acquisitions, intermediaries, brokers or for "Accredited Investors" only.
BBEAN.COM is not an issuer, underwriter or dealer of Securities. This site does not sell or offer for sale SECURITIES or SHARES!
... nor is any information listed herein intended to be a prospectus or other similar required document or brochure, as may be dictated by your own local Securities Commission authorities (or equivalent governing bodies), should you be contemplating investment opportunities.
All reader inquiries are directed to the Project Sponsors, their agents or principals and all documentation is, thereafter, exchanged directly between the reader, his/her principals, and the Project Sponsors, their agents or principals, as the case may be.
Neither BlackBean Communications Ltd. nor its principals assume any responsibility over the accuracy or content of information that may be exchanged by the introduced parties, nor do they have any authority or influence over the nature of funding or financing discussions that may ensue after the introductions have been made. Specifically BlackBean Communications Ltd. or the operators of this website WILL NOT:
- provide advice about the merits of particular opportunities or ventures;
- receive compensation from visitors and clients on the basis of the sale of securities,
shares or other equity based ownership instruments. (For more information on BlackBean's compensation approach Click HERE!)
- participate in any negotiations between investors and listing companies;
- directly assist investors or listing companies with the completion of any transaction;
- handle funds or securities involved in completing a transaction; or
- hold themselves out as providing any securities-related services other than a listing or introduction service.
All parties are expected to conduct their own due diligence and consult their own professional advisors in regards to any Information provided by the sponsors of notices posted, or enquiries received to information notices posted at:bbean.com
Information provided by project sponsors is void where the publication of such information is prohibited by law!
Important Information for all Notice and Posting sponsors: |
If you are a project sponsor wishing to make your funding needs known, and are contemplating elements of equity financing, YOU MUST SEEK the advice of a professional in the field and it is strongly advised that you review the applicable Securities Commission or other Regulatory Authorities' rules and requirements before proceeding with any appropriate publication of your needs on any website or in any other medium. BLACKBEAN COMMUNICATIONS LTD. does NOT trade in securities, is NOT a licensed broker and cannot accept project listings where Corporate principals are seeking, exclusively Equity based funding involving securities transfers, who have not received appropriate authorities within their own jurisdiction and who do not take precaution that respondents are authorized to discuss the merits of such funding options..
If any project sponsors, whose initiatives are described on the bbean.com website, offer SECURITIES as part of the funding discussions please note that:
THESE SECURITIES MAY OR MAY NOT HAVE BEEN APPROVED OR DISAPPROVED BY YOUR JURISDICTION'S OR THE SPONSOR'S SECURITIES AND EXCHANGE COMMISSIONS, NOR MAY ANY STATE OR NATIONAL SECURITIES COMMISSIONS HAVE PASSED JUDGMENT UPON THE ACCURACY OR ADEQUACY OF THE INFORMATION PROVIDED BY PROJECT SPONSORS AND PRESENTED ON THIS WEBSITE. ANY FRAUDULENT REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. SUCH OFFERINGS ARE FOR ACCREDITED INVESTORS ONLY.
SECURITIES ARE SPECULATIVE IN NATURE AND INVOLVE A HIGH DEGREE OF RISK AND SHOULD BE CONSIDERED ONLY BY PERSONS WHO CAN AFFORD THE LOSS OF THEIR ENTIRE INVESTMENT.
If you are an Accredited Investor you should be able to, in the case of US residents, represent and warrant that as of the date hereof you are an "accredited investor" as defined in Regulation D promulgated under the Securities Act of 1933, as amended; that you have knowledge and experience in financial and business matters; and that you are capable of evaluating the merits and risks of private equity investments. In general the SEC defines an individual accredited investor as a person with over a $1 million in assets or whose income is at least $200,000 ($300,000 jointly with a spouse). SEC defines an institutional accredited investor to include several types of financial institutions such as bank, broker, dealer, insurance company, investment company, or SBIC. For a full, current definition of "accredited investor", please visit the Securities and Exchange Commission’s web site at:www.sec.gov.
If you are an investor, resident of other jurisdictions, you must be able to comply with the Securities Commission rules of your particular State, Province or Country.
If you are a resident of the State of Pennsyvlania please read this additional Notice!
If you are a resident of Ontario, Canada, please check with the
Ontario Securities Commission for rules applicable to the offering of investments to ensure that you are in compliance.
Specifically you should review:
National Policy 47-201"Trading in Securities Using the Internet and Other Electronic Means" dated December 17, 1999 is available at:
http://www.osc.gov.on.ca/en/Regulation/Rulemaking/Policies/47-201_19991217.html
Concept Proposal "Revamping the Regulation of the Exempt Market", a
Commission staff proposal that arose from the Report of the Task Force on Small Business Financing, can be found at:
http://www.osc.gov.on.ca/en/Regulation/Rulemaking/Notices/conceptpro/concept1999.html
Please note that any financing services or offers, tabled by notice sponsors either
directly or indirectly, are provided under the
Fair Dealing Model's "Self-Managed"
concept, as referred to in the Ontario Securities Commission's proposed regulations. This means you are responsible for
any decisions you take in regards to any listing sponsor's proposal.
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| Information notice re SEC activities - All BBEAN Clients/contacts: |
Although you may NOT be seeking equity type of financing, and you may NOT have a corporate structure in place you might still be affected by various Security Commission activities, so please take a minute and read this and refer to this in the future. This represents a basic assumption and condition applicable to the listing of all venture and affected notices in any part of www.bbean.com/.
Based on prior experiences with a number of SEC authorities and staff, it appears that some jurisdictions third parties or their own staff with "alter-ego accounts" to pretend to be legitimate financier contacts, in order to bait or test project principals or financier contacts on Internet listings, to determine how far they would go. You should always be cautious or wary whenever you are contacted by parties offering equity investment options for projects or private investments in financier offered packages.
It may not be unusual for such "insiders" to offer you funding on the condition that you use your corporate structure, or establish a corporate structure, so they can have a stake in your company, as collateral/security. If you appear to accept such offers and you have not ascertained that you are empowered under your SEC rules to enter into such arrangements, or you have not ensured that the enquirer has the authority to make such offers, then the SEC can allege that YOU have tried to deal in securities and can issue "Stop trading" orders including the imposition of various types of penalties. Web-site operators carrying such information notices could, potentially, also get caught in this issue if your project is listed in a public forum/web page. This may, under some rules, be interpreted as constituting advertising of the sale of securities. In some instances, such advertising, prior to or during possible issuance of securities, may be illegal - depending on the State's or Province's SEC laws.
It is strongly suggested that when you get any kind of funding offer involving the exchange of company securities, you either REJECT such offers, or DEFER a decision pending further research by you whether or not you can accept such offers under your SEC rules. If you already have the necessary paper work in place, or confirmed that the rules applicable to you permit you to consider such options, then advise the respondent of any restrictions that may apply to you.
In all cases you should request either documentary proof or an affidavit (signed and faxed) from the enquirer affirming that they are legally authorized to discuss such options with you (i.e. that they have Accredited, Qualified or Informed status - or whatever term their own SEC uses) and that neither you, nor BlackBean (or any other third party if your information is provided by others) has approached them or solicited them.
If in doubt about any funding overture being made to you, you are strongly urged to seek the advice of your own solicitor before responding in the positive to any offer of funding for securities.
Similarly, financier listing sponsors, who are connected with programs involving unique funds, programs that offer significant return on principal, or any other type of high interest or unique banking services, should also ensure that any respondent to their notices or ads, whether through BlackBean Communications Ltd. or any other source, provides proof that they are deemed to be "qualified respondents" under their own Securities Commission rules or regulations. Such proof could be a signed affidavit or any other documentary proof that can protect you and ought to include an affirmation that they have not been solicited by you, BlackBean (if they found your information on www.bbean.com/) or any other third party web-site that you may be using to provide basic information about your various programs.
Where BlackBean becomes aware that principals or sponsors have pursued discussions with parties without taking some reasonable steps to ensure that applicable regulatory authorities rules are met, we will remove any listings associated with that particular project or program from our web-site.
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the Project Master Index!
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