Number of shareholders. To the best knowledge of MSGI after conducting diligent inquiry, MSGI has thirty-five (35) or fewer unaccredited shareholders. For purposes of this Section 2.24, the term "unaccredited investors" shall mean any investor who does not fall within the definition of an accredited investor as set forth in Rule 501 (a) of Regulation D of the Securities Act.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Medcare Technologies Inc), Agreement and Plan of Merger (Medcare Technologies Inc)
Number of shareholders. To the best knowledge of MSGI after conducting diligent inquiry, MSGI has thirty-five (35) or fewer unaccredited shareholders. For purposes of this Section 2.24, the term "unaccredited investors" shall mean any investor who does not fall within the definition of an accredited investor as set forth in Rule 501 (a) of Regulation D of the Securities Act.. E-67
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Medcare Technologies Inc), Agreement and Plan of Merger (Medcare Technologies Inc)
