AVZ Discussion 2022

[TheCount]

That's great to try and invoice your employer... but, there's the little thing called "personal services income" that tries to rule against that... well, limits it anyway...

And yep, I regretfully admit I'm a public accountant / tax agent.... unfortunately it pays better than the vineyard...

Don’t ever regret a career choice!

Looks like you’ve just become everyone’s best friend on all matters tax…

Cheers
TC

 

[Thunderpony]

Just curious, who of us is/has been deemed a 'sophisticated' investor?

 

[CashKing]

Just curious, who of us is/has been deemed a 'sophisticated' investor?

Moneybags 4 sure that motha fucker does bigger shits than most of our holdings apparently ..


GLTAH including you M ‘s

 

[BRICK]

Just curious, who of us is/has been deemed a 'sophisticated' investor?

Loafers and an LV passport case

 

[Bin59]

 

[mouseflying]

Anyone good at french?
Auto translation is inaccurate...

 

[Bin59]

An AVZ right of reply interview with Christian Lukusa … hmm can we expect an announcement today?

Thanks for posting the video Mouse, I believe Papy Lefool on Twitter has been able to assist an AVZ follower with an accurate French translation re AVZ in the past, he may be willing?

 

[Bin59]

 

[Carlos Danger]

Anyone good at french?
Auto translation is inaccurate...

Constantin Garlas on Twitter has given a decent quick synopsis of the video.



Again I can't understand how AVZ's lawyer can talk about these topics in depth on publicly available videos but we get nothing in English from the company. I speak a bit of French so will watch it now and report what I can but having someone fluent translate it will be better.

Luckily there are a few native French speakers in and around these forums that can help us out but we really shouldn't have to rely on them imo. Saying that I'd rather have the information available in French than not have it at all.

 

[Retrobyte]

Just curious, who of us is/has been deemed a 'sophisticated' investor?

If you meet these two criteria you can get a certified accountant to annoint you -

• a gross income of $250,000 or more per year in each of the previous two years, or
• net assets of at least $2.5 million

 

[CHB]

If you meet these two criteria you can get a certified accountant to annoint you -

• a gross income of $250,000 or more per year in each of the previous two years, or
• net assets of at least $2.5 million

Almost like a knighthood

 

[JAG]

 

[Charbella]

Constantin Garlas on Twitter has given a decent quick synopsis of the video.



Again I can't understand how AVZ's lawyer can talk about these topics in depth on publicly available videos but we get nothing in English from the company. I speak a bit of French so will watch it now and report what I can but having someone fluent translate it will be better.

Luckily there are a few native French speakers in and around these forums that can help us out but we really shouldn't have to rely on them imo. Saying that I'd rather have the information available in French than not have it at all.

To be fair to management we got exactly what our lawyer covered in this interview from the company back in May. We choose not to listen.

 

[MoneyBags1348]

Moneybags 4 sure that motha fucker does bigger shits than most of our holdings apparently ..


GLTAH including you M ‘s

 

[mouseflying]

To be fair to management we got exactly what our lawyer covered in this interview from the company back in May. We choose not to listen.

according to auto translate, at about 35:00, it mentioned Félix Antoine Tshisekedi is pay attention to the case, and minister of portfolio will host a meeting to discuss and finalise the case?

hope some native french speaker here can help to clarify

 

[Winenut]

Just curious, who of us is/has been deemed a 'sophisticated' investor?

Why the question?

 

[TDITD]

Just curious, who of us is/has been deemed a 'sophisticated' investor?

If we are not already the grand majority will be by the time AVZ is mining and handing out handsome dividends

 

[Deleted member 1612]

If you meet these two criteria you can get a certified accountant to annoint you -

• a gross income of $250,000 or more per year in each of the previous two years, or
• net assets of at least $2.5 million

And therefore that’s what he’s really asking. Bit bloody personal isn’t it? Maybe I’d feel differently if I actually met the parameters obviously not sophisticated enough!!

 

[TheCount]

Constantin Garlas on Twitter has given a decent quick synopsis of the video.



Again I can't understand how AVZ's lawyer can talk about these topics in depth on publicly available videos but we get nothing in English from the company. I speak a bit of French so will watch it now and report what I can but having someone fluent translate it will be better.

Luckily there are a few native French speakers in and around these forums that can help us out but we really shouldn't have to rely on them imo. Saying that I'd rather have the information available in French than not have it at all.

FFS - why is there still commentary about the company issuing information?????????

Pull your head in and understand one simple fact.

Since the shitstorm commenced has the BOD said one thing?

NO!!!

We are winning the war - as each days passes we have more and more good news stories..

Why would the BOD say 'anything' that might get in the way???

STFU about company information once and for fucking all.....

TC.

 

[Winenut]

And therefore that’s what he’s really asking. Bit bloody personal isn’t it? Maybe I’d feel differently if I actually met the parameters obviously not sophisticated enough!!

There's some out there that think the test is redundant

Particularly the net assets test

I understand that test includes the family home so with property prices increasing (especially last decade) many people are meeting the criteria almost by default

Some argue that some sort of "financial literacy" test could be a better option

Bottom line if you do currently qualify you can have access to opportunities that are not available to all

The double edge to the sword is that because you're a "sophisticated investor" promoters or providers of investment opportunities are not required to furnish you with the same amount of financial protections in terms of providing product disclosure documents amongst other things