Selling Shares in Bundles?

[Madsenmedia]

My business is registered Federally as a private company in Canada. I am currently planning to selling shares in order to raise the capital needed to finance my venture.

My question is; if I bundle investors for instance in groups of 10 at $1000 each, if they register as a company, would I be able to view that bundle of investors as one investor? I am asking this because I am incorporated in Canada and the maximum amount of share holders in a private company is 50 and I may need larger funding in the future and do not want to exceed the investor cap of 50 as it is a government regulation.

Please inform thoughts and opinion. I will get legal council but, trying to get a jump on my information before going into my legal meetings.

Thank youWhat is the name of your state (only U.S. law)?What is the name of your state (only U.S. law)?

[HomeGuru]

Originally Posted by Madsenmedia

My business is registered Federally as a private company in Canada. I am currently planning to selling shares in order to raise the capital needed to finance my venture.

My question is; if I bundle investors for instance in groups of 10 at $1000 each, if they register as a company, would I be able to view that bundle of investors as one investor? I am asking this because I am incorporated in Canada and the maximum amount of share holders in a private company is 50 and I may need larger funding in the future and do not want to exceed the investor cap of 50 as it is a government regulation.

Please inform thoughts and opinion. I will get legal council but, trying to get a jump on my information before going into my legal meetings.

Thank youWhat is the name of your state (only U.S. law)?What is the name of your state (only U.S. law)?

**A: is Canada now part of the US?