|
The Board of Advisors is composed of a group of men and women who have worked together on at least one deal and in some cases as many as five deals. Most are experienced investment bankers, lawyers and some are licensed by the U.S. Securities and Exchange Commission (SEC), and members of the Financial Industry Regulatory Authority (FINRA) and Securities Investor Protection Corporation (SIPC). Some of the advisors are licensed broker dealers in their foreign jurisdictions others were licensees of the Small Business Administration. All have many years experience in the business of raising capital, introducing business to capital sources, and preparing businesses to be ready to receive due diligence scrutiny in preparation for receiving capital. In addition, many of the men and women on the board of advisors are friends, they have all met at least one other member of the board of advisors and they are located in diverse geographic regions in order to service the entire world, find worthy deals and find capital resources as close as possible to the proposed operating location for those deals. While the number of members of the board of advisors is limited, it is open to each advisor recommending other qualified members. The board of advisors s not the same as a board of directors, they do not have any liability or control over the company’s activities, nor are they owners of the shares of the company in most cases and cannot be considered shareholders unless specifically disclosed. The object of the members working together is to add their knowledge and experience on an as needed basis to the deals they are working on the outside and the deals they are working on within the company. |
