RELATED TOPICS
Crucial Capital (VCC) Corp.

Should you delay contributing your shares to an RRSP, and contribute them at a higher book value, the increase is a Capital Gain that must be disclosed, of which 50% is taxable unless you have old Capital Losses to tax shelter the gain.

CrowdShares

Should you prefer to avoid paying future taxes on an RRSP redemption should the business succeed as hoped, you could instead contribute the shares to a TFSA to tax shelter future Capital Gains on redemption.

Fibresources Private Placement

Should you decide to hedge your bets and hold the shares personally, should they increase in value you will need to claim the increase as a Capital Gain, 50% of which is taxable, but if the investment goes bad you can claim an ABIL and write off 100% of the investment against other taxable income.
PDF Supplemental Documentation

Additional material in print form is also available here.

Our Private Investment Sales and Marketing Program
Referral Marketing

Individuals may refer a potential investor who they think might be interested in our opportunity, and who has agreed to the referral, to a representative of the Issuer to discuss the investment details.

Referral Program read more
Referral Agreement read more
Issuer Sales

The representative of the securities Issuer may then explain the details of the investment and the tax benefits, and conclude the sale on behalf of the investment company, if the individual decides to proceed.

Sales Programread more
Regulation Of Our Sales And Marketing Program
Summary Of What Is Allowed By Securities Law in British Columbia
Securities may not be sold unless there is an "Exemption" that permits it. Existing Exemptions are:
  • a) friends, relatives or business associates of a director or officer of the company; or
  • b) the investment is for a minimum of $150,000; or
  • c) the investor is an Accredited Investor, generally having assets of over $1 million, or income over $200,000 in each of the last two years; or
  • d) the investment is accompanied by an Offering Memorandum; or
  • e) the investment is sold under the Crowd Funding Exemption.

The Offering Memorandum Exemption: Restrictions And Limitations
The Offering Memorandum Exemption is bested suited to our market niche. Features are:
  • a) the sale must not be accompanied by an advertisement to the public.
  • b) the investor must be given an Offering Memorandum, being an extensive disclosure document.
  • c) the investor must sign a Risk Acknowledgement Form.
  • d) the Company may pay a sales commission.
  • e) the Company may pay a referral fee.

The Crowdfunding Exemption
The Crowdfunding Exemption is new, and key features are:
  • a) sales may be made to the public, and must be made through a regulated online portal.
  • b) disclosure requirements are relatively minimal.
  • c) the maximum investment per investor is $1,500 per year.

The Accredited Investor Exemption
The Accredited Investor Exemption has been available for some time, and key features are:
  • a) sales may be advertised to the public, and securities are sold directly by the Company.
  • b) disclosure requirements and restrictions are relatively minimal.
  • c) the Company may pay a sales commission.
  • d) the Company may pay a referral fee.