It wasn't intentional, just conversation... And the end result seems to have been, not only making a friend, but also made
a sale from my other business.
The models also had to forecast lower
sales from its other businesses.
Not exact matches
This is thanks to the web and thanks to new
business models that allow companies to make money
from advertising and
other means rather than having to rely on direct
sales.
The
sales cycle for a service
business is different
from other consumer
businesses.
Besides its main line of
business, which continues to be its HUD hardware that «snap fits» to existing ski goggles, RI also has
other revenue streams including: app
sales (for custom software running on MOD Live), consulting fees
from prototyping and R&D work for its partners, and royalties
from its partners.
Factors which could cause actual results to differ materially
from these forward - looking statements include such factors as the Company's ability to accomplish its
business initiatives, obtain regulatory approval and protect its intellectual property; significant fluctuations in marketing expenses and ability to achieve or grow revenue, or recognize net income,
from the
sale of its products and services, as well as the introduction of competing products, or management's ability to attract and maintain qualified personnel necessary for the development and commercialization of its planned products, and
other information that may be detailed
from time to time in the Company's filings with the United States Securities and Exchange Commission.
Most revenue
from Apple's services
business comes
from the App Store, where it can take a cut of any app
sales, whether through upfront purchases or micropayments, without bearing costs
other than curating and maintaining the App Store's virtual shelves.
Check out the specialty food and beverage franchise opportunities below
from Entrepreneur, or browse our full list of
other food
businesses for
sale
Janeczko wanted to do something to help
other people grow their own
businesses, so he decided to gather funds
from the
sale of NuKitchen in 2010 to found Wicked Start, a free online incubator for early - stage small
businesses.
By applying quantitative forecasting methods, you can use actual past revenue data
from your own
business or
other businesses in your industry as a basis for tracking trends and predicting future
sales.
Now, Google discloses revenue and profits within two categories: Google (comprised of the core ad
business as well as revenue
from cloud, hardware, and Android), and «
Other Bets» (sales from businesses like Nest, investment returns, small contributions from its Verily life sciences business, and the secretive X innovation lab, among other initiati
Other Bets» (
sales from businesses like Nest, investment returns, small contributions
from its Verily life sciences
business, and the secretive X innovation lab, among
other initiati
other initiatives).
Given competing
sales from two of the world's biggest retailers,
other businesses may be bound for slow traffic this week.
DuPont has benefitted
from the
sales of its coatings
business and
others.
According to an IDC survey, The Document Disconnect, over 80 percent of
business leaders surveyed
from sales, HR, procurement and
other departments agreed that problems «arise because they have different internal systems / applications that don't «talk» to each
other,» while 43 percent of workers surveyed said they often have to copy / paste or rekey in information.
Collectively, these
businesses account for hundreds of millions in annual
sales, and have attracted investment and
other support
from the likes of Mark Cuban, NASA, and the lauded film director Darren Aronofsky.
As adviser to Drip on the
sale, we took some time to reflect on the history of the
business and some lessons
from the deal for
other entrepreneurs looking to achieve similar success.
Factors that could cause actual results to differ include general
business and economic conditions and the state of the solar industry; governmental support for the deployment of solar power; future available supplies of high - purity silicon; demand for end - use products by consumers and inventory levels of such products in the supply chain; changes in demand
from significant customers; changes in demand
from major markets such as Japan, the U.S., India and China; changes in customer order patterns; changes in product mix; capacity utilization; level of competition; pricing pressure and declines in average selling prices; delays in new product introduction; delays in utility - scale project approval process; delays in utility - scale project construction; delays in the completion of project
sales; continued success in technological innovations and delivery of products with the features customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange rate fluctuations; litigation and
other risks as described in the Company's SEC filings, including its annual report on Form 20 - F filed on April 27, 2017.
But when you get to call them stocks and you get stock quotes daily on these pieces of paper that bounce around put people put numbers on it and volatility and all these
other things where really it's not that meaningful, you know
from one sense if you're investing in
businesses and you did a lot of research and invested in eight different
businesses with the proceeds of your
sale, people would think you're a pretty prudent guy.
Our future capital requirements may vary materially
from those currently planned and will depend on many factors, including our rate of revenue growth, the timing and extent of spending on research and development efforts and
other business initiatives, the expansion of
sales and marketing activities, the timing of new product introductions, market acceptance of our products and overall economic conditions.
One major feature that would distinguish the
business practices of Amazon's «streaming data marketplace»
from those of actors such as Facebook: The social media giant, while admitting that it has allowed direct access to user data for academic purposes, claims to prohibit the
sale of these data «to any ad network, data broker or
other advertising or monetization - related service.»
Important factors that may affect the Company's
business and operations and that may cause actual results to differ materially
from those in the forward - looking statements include, but are not limited to, operating in a highly competitive industry; changes in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or
other indefinite - lived intangible assets; volatility in commodity, energy and
other input costs; changes in the Company's management team or
other key personnel; the Company's ability to realize the anticipated benefits
from its cost savings initiatives; changes in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy; tax law changes or interpretations; legal claims or
other regulatory enforcement actions; product recalls or product liability claims; unanticipated
business disruptions; the Company's ability to complete or realize the benefits
from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various
other nations in which we operate; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future
sales of its common stock in the public markets; the Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements of the Company's consolidated financial statements; and
other factors.
Adjusted EBITDA is defined as net income / (loss)
from continuing operations before interest expense,
other expense / (income), net, provision for / (benefit
from) income taxes; in addition to these adjustments, the Company excludes, when they occur, the impacts of depreciation and amortization (excluding integration and restructuring expenses)(including amortization of postretirement benefit plans prior service credits), integration and restructuring expenses, merger costs, unrealized losses / (gains) on commodity hedges, impairment losses, losses / (gains) on the
sale of a
business, nonmonetary currency devaluation (e.g., remeasurement gains and losses), and equity award compensation expense (excluding integration and restructuring expenses).
These risks and uncertainties include food safety and food - borne illness concerns; litigation; unfavorable publicity; federal, state and local regulation of our
business including health care reform, labor and insurance costs; technology failures; failure to execute a
business continuity plan following a disaster; health concerns including virus outbreaks; the intensely competitive nature of the restaurant industry; factors impacting our ability to drive
sales growth; the impact of indebtedness we incurred in the RARE acquisition; our plans to expand our newer brands like Bahama Breeze and Seasons 52; our ability to successfully integrate Eddie V's restaurant operations; a lack of suitable new restaurant locations; higher - than - anticipated costs to open, close or remodel restaurants; increased advertising and marketing costs; a failure to develop and recruit effective leaders; the price and availability of key food products and utilities; shortages or interruptions in the delivery of food and
other products; volatility in the market value of derivatives; general macroeconomic factors, including unemployment and interest rates; disruptions in the financial markets; risk of doing
business with franchisees and vendors in foreign markets; failure to protect our service marks or
other intellectual property; a possible impairment in the carrying value of our goodwill or
other intangible assets; a failure of our internal controls over financial reporting or changes in accounting standards; and
other factors and uncertainties discussed
from time to time in reports filed by Darden with the Securities and Exchange Commission.
Other indicators were stronger —
businesses invested at a healthy pace — but that was not enough to offset the headwinds
from feeble retail
sales and falling inventories.
Most of the discussion about the 100 % exclusion of capital gains
from the
sale of «qualified small
business» stock, extended now by the new tax law for stock purchased prior to January 1, 2012, has been about the enticement it represents for angels and
other early - stage venture investors to fund more startups.
Insider Advice on Controlling the
Sales Funnels for Your Service Businesses http://ift.tt/2FZWe3r The sales cycle for a service business is different from other consumer busine
Sales Funnels for Your Service
Businesses http://ift.tt/2FZWe3r The sales cycle for a service business is different from other consumer b
Businesses http://ift.tt/2FZWe3r The
sales cycle for a service business is different from other consumer busine
sales cycle for a service
business is different
from other consumer
businessesbusinesses.
Comments on the project:
From the investor perspective, B2Bx ICO stands out from other offerings because of relatively low - risk profile thanks to the already developed product with sales track - record and established umbrella company b2broker which has been in traditional exchange liquidity business for several ye
From the investor perspective, B2Bx ICO stands out
from other offerings because of relatively low - risk profile thanks to the already developed product with sales track - record and established umbrella company b2broker which has been in traditional exchange liquidity business for several ye
from other offerings because of relatively low - risk profile thanks to the already developed product with
sales track - record and established umbrella company b2broker which has been in traditional exchange liquidity
business for several years.
But aside
from the unqualified
sales leads, who are the
other «no show»
business leads on your schedule?
Calls to ban the use of single - use plastic straws have been gathering momentum: with the UK government last week announcing plans to ban them
from sale and
other drinks giants such as Bacardi and Diageo also pledging to eliminate their use across their
businesses.
A bill sponsored by Senate Health Chairman Kemp Hannon (R - Nassau County)
from 2013 through 2016 called for a pilot project that would authorize
business corporations to acquire as many as 10 hospitals.68 These corporations could not be publicly traded, but their owners would be exempt
from other requirements, including the «natural person» rule, character and competence reviews and prior approval of
sales and transfers.
HM Revenue and Customs (HMRC) have adopted a proposal made by the Chartered Institute of Taxation (CIOT) to amend the VAT Mini One Stop Shop (MOSS) scheme so that
businesses operating below the VAT threshold will be able to separate their
sales to UK customers
from sales to
other EU customers.
These statements represent our intentions, expectations and beliefs concerning future events, including, among
other things, our future revenue profits and financial condition, our ability to maintain our patents, generate revenues
from the commercialization of our patents and trademarks, secure compliance with our intellectual property rights, and develop, maintain or increase
sales to new and existing customers, as well as future economic conditions and the impact of such conditions on our
business.
Online education companies say they are no different
from textbook publishers and
other businesses that profit
from sales to schools.
Risks and uncertainties include without limitation the effect of competitive and economic factors, and the Company's reaction to those factors, on consumer and
business buying decisions with respect to the Company's products; continued competitive pressures in the marketplace; the ability of the Company to deliver to the marketplace and stimulate customer demand for new programs, products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and / or increases in component costs could have on the Company's gross margin; the inventory risk associated with the Company's need to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company's
business currently obtained by the Company
from sole or limited sources; the effect that the Company's dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured or services rendered; risks associated with the Company's international operations; the Company's reliance on third - party intellectual property and digital content; the potential impact of a finding that the Company has infringed on the intellectual property rights of
others; the Company's dependency on the performance of distributors, carriers and
other resellers of the Company's products; the effect that product and service quality problems could have on the Company's
sales and operating profits; the continued service and availability of key executives and employees; war, terrorism, public health issues, natural disasters, and
other circumstances that could disrupt supply, delivery, or demand of products; and unfavorable results of
other legal proceedings.
Writing books has been one of the best things for my
business but the ROI isn't in the profits generated
from the book
sales but
from getting email addresses and upselling
other products.
But, basically what we have here is a publisher saying that so much of its
sales base was through Amazon that even a boost
from other retailers couldn't sustain its
business.
According to a statement
from the publisher, all proceeds
from the
sale of Frommer's and these
other brands are slated to boost Wiley's interest is onther areas of publishing, and specifically «will be redeployed to support growth opportunities in Professional / Trade; Scientific, Technical, Medical, and Scholarly; and Global Education
businesses.»
Indeed, considering the hundreds of millions of dollars that Mr. Riggio has personally realized
from the aforementioned
sale of his college books
business as well as
other businesses, he clearly has the financial resources to take the Company private.
On Day Three you will learn: - How to turn your book / writing into a
business - How to make money beyond book
sales - How to get
other people to pay for your
business endeavors - How to secure paid writing gigs - How to get grants and sponsors - Professional titles you wear besides «author / writer» - How to increase book
sales without directly selling books - How to make money
from content you write outside of books - How to make money while you sleep - How to make money while spending time with family and friends - How to make money on YouTube
Such statements reflect the current views of Barnes & Noble with respect to future events, the outcome of which is subject to certain risks, including, among
others, the general economic environment and consumer spending patterns, decreased consumer demand for Barnes & Noble's products, low growth or declining
sales and net income due to various factors, possible disruptions in Barnes & Noble's computer systems, telephone systems or supply chain, possible risks associated with data privacy, information security and intellectual property, possible work stoppages or increases in labor costs, possible increases in shipping rates or interruptions in shipping service, effects of competition, possible risks that inventory in channels of distribution may be larger than able to be sold, possible risks associated with changes in the strategic direction of the device
business, including possible reduction in
sales of content, accessories and
other merchandise and
other adverse financial impacts, possible risk that component parts will be rendered obsolete or otherwise not be able to be effectively utilized in devices to be sold, possible risk that financial and operational forecasts and projections are not achieved, possible risk that returns
from consumers or channels of distribution may be greater than estimated, the risk that digital
sales growth is less than expectations and the risk that it does not exceed the rate of investment spend, higher - than - anticipated store closing or relocation costs, higher interest rates, the performance of Barnes & Noble's online, digital and
other initiatives, the success of Barnes & Noble's strategic investments, unanticipated increases in merchandise, component or occupancy costs, unanticipated adverse litigation results or effects, product and component shortages, the potential adverse impact on the Company's
businesses resulting
from the Company's prior reviews of strategic alternatives and the potential separation of the Company's
businesses, the risk that the transactions with Microsoft and Pearson do not achieve the expected benefits for the parties or impose costs on the Company in excess of what the Company anticipates, including the risk that NOOK Media's applications are not commercially successful or that the expected distribution of those applications is not achieved, risks associated with the international expansion contemplated by the relationship with Microsoft, including that it is not successful or is delayed, the risk that NOOK Media is not able to perform its obligations under the Microsoft and Pearson commercial agreements and the consequences thereof, risks associated with the restatement contained in, the delayed filing of, and the material weakness in internal controls described in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended April 27, 2013, risks associated with the SEC investigation disclosed in the quarterly report on Form 10 - Q for the fiscal quarter ended October 26, 2013, risks associated with the ongoing efforts to rationalize the NOOK
business and the expected costs and benefits of such efforts and associated risks and
other factors which may be outside of Barnes & Noble's control, including those factors discussed in detail in Item 1A, «Risk Factors,» in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended April 27, 2013, and in Barnes & Noble's
other filings made hereafter
from time to time with the SEC.
Such statements reflect the current views of Barnes & Noble with respect to future events, the outcome of which is subject to certain risks, including, among
others, the effect of the proposed separation of NOOK Media, the general economic environment and consumer spending patterns, decreased consumer demand for Barnes & Noble's products, low growth or declining
sales and net income due to various factors, possible disruptions in Barnes & Noble's computer systems, telephone systems or supply chain, possible risks associated with data privacy, information security and intellectual property, possible work stoppages or increases in labor costs, possible increases in shipping rates or interruptions in shipping service, effects of competition, possible risks that inventory in channels of distribution may be larger than able to be sold, possible risks associated with changes in the strategic direction of the device
business, including possible reduction in
sales of content, accessories and
other merchandise and
other adverse financial impacts, possible risk that component parts will be rendered obsolete or otherwise not be able to be effectively utilized in devices to be sold, possible risk that financial and operational forecasts and projections are not achieved, possible risk that returns
from consumers or channels of distribution may be greater than estimated, the risk that digital
sales growth is less than expectations and the risk that it does not exceed the rate of investment spend, higher - than - anticipated store closing or relocation costs, higher interest rates, the performance of Barnes & Noble's online, digital and
other initiatives, the success of Barnes & Noble's strategic investments, unanticipated increases in merchandise, component or occupancy costs, unanticipated adverse litigation results or effects, product and component shortages, risks associated with the commercial agreement with Samsung, the potential adverse impact on the Company's
businesses resulting
from the Company's prior reviews of strategic alternatives and the potential separation of the Company's
businesses (including with respect to the timing of the completion thereof), the risk that the transactions with Pearson and Samsung do not achieve the expected benefits for the parties or impose costs on the Company in excess of what the Company anticipates, including the risk that NOOK Media's applications are not commercially successful or that the expected distribution of those applications is not achieved, risks associated with the international expansion previously undertaken, including any risks associated with a reduction of international operations following termination of the Microsoft commercial agreement, the risk that NOOK Media is not able to perform its obligations under the Pearson and Samsung commercial agreements and the consequences thereof, the risks associated with the termination of Microsoft commercial agreement, including potential customer losses, risks associated with the restatement contained in, the delayed filing of, and the material weakness in internal controls described in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended April 27, 2013, risks associated with the SEC investigation disclosed in the quarterly report on Form 10 - Q for the fiscal quarter ended October 26, 2013, risks associated with the ongoing efforts to rationalize the NOOK
business and the expected costs and benefits of such efforts and associated risks and
other factors which may be outside of Barnes & Noble's control, including those factors discussed in detail in Item 1A, «Risk Factors,» in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended May 3, 2014, and in Barnes & Noble's
other filings made hereafter
from time to time with the SEC.
Such statements reflect the current views of Barnes & Noble with respect to future events, the outcome of which is subject to certain risks, including, among
others, the general economic environment and consumer spending patterns, decreased consumer demand for Barnes & Noble's products, low growth or declining
sales and net income due to various factors, including store closings, higher - than - anticipated or increasing costs, including with respect to store closings, relocation, occupancy (including in connection with lease renewals) and labor costs, the effects of competition, the risk of insufficient access to financing to implement future
business initiatives, risks associated with data privacy and information security, risks associated with Barnes & Noble's supply chain, including possible delays and disruptions and increases in shipping rates, various risks associated with the digital
business, including the possible loss of customers, declines in digital content
sales, risks and costs associated with ongoing efforts to rationalize the digital
business and the digital
business not being able to perform its obligations under the Samsung commercial agreement and the consequences thereof, the risk that financial and operational forecasts and projections are not achieved, the performance of Barnes & Noble's initiatives including but not limited to its new store concept and e-commerce initiatives, unanticipated adverse litigation results or effects, potential infringement of Barnes & Noble's intellectual property by third parties or by Barnes & Noble of the intellectual property of third parties, and
other factors, including those factors discussed in detail in Item 1A, «Risk Factors,» in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended April 30, 2016, and in Barnes & Noble's
other filings made hereafter
from time to time with the SEC.
The equipment rental
business generated $ 1.5 billion in LTM
sales with $ 600 million
from construction, $ 400 million
from industrial, and $ 500 million
from other fragmented markets.
Prohibited acts.A credit services organization, a salesperson, agent, or representative of a credit services organization, or an independent contractor who sells or attempts to sell the services of a credit services organization shall not: (1) Charge a buyer or receive
from a buyer money or
other valuable consideration before completing performance of all services,
other than those described in subdivision (2) of this section, which the credit services organization has agreed to perform for the buyer unless the credit services organization has obtained a surety bond or established and maintained a surety account as provided in section 45 - 805; (2) Charge a buyer or receive
from a buyer money or
other valuable consideration for obtaining or attempting to obtain an extension of credit that the credit services organization has agreed to obtain for the buyer before the extension of credit is obtained; (3) Charge a buyer or receive
from a buyer money or
other valuable consideration solely for referral of the buyer to a retail seller who will or may extend credit to the buyer if the credit that is or will be extended to the buyer is substantially the same as that available to the general public; (4) Make or use a false or misleading representation in the offer or
sale of the services of a credit services organization, including (a) guaranteeing to erase bad credit or words to that effect unless the representation clearly discloses that this can be done only if the credit history is inaccurate or obsolete and (b) guaranteeing an extension of credit regardless of the person's previous credit problem or credit history unless the representation clearly discloses the eligibility requirements for obtaining an extension of credit; (5) Engage, directly or indirectly, in a fraudulent or deceptive act, practice, or course of
business in connection with the offer or
sale of the services of a credit services organization; (6) Make or advise a buyer to make a statement with respect to a buyer's credit worthiness, credit standing, or credit capacity that is false or misleading or that should be known by the exercise of reasonable care to be false or misleading to a consumer reporting agency or to a person who has extended credit to a buyer or to whom a buyer is applying for an extension of credit; or (7) Advertise or cause to be advertised, in any manner whatsoever, the services of a credit services organization without filing a registration statement with the Secretary of State under section 45 - 806 unless otherwise provided by the Credit Services Organization Act.
You may have realized capital gains
from the
sale of a profitable capital asset (e.g., real estate, your
business, stocks or
other securities).
(1) A credit services organization, its salespersons, agents, and representatives, and independent contractors who sell or attempt to sell the services of a credit services organization may not do any of the following: (a) conduct any
business regulated by this chapter without first: (i) securing a certificate of registration
from the division; and (ii) unless exempted under Section 13 -21-4, posting a bond, letter of credit, or certificate of deposit with the division in the amount of $ 100,000; (b) make a false statement, or fail to state a material fact, in connection with an application for registration with the division; (c) charge or receive any money or
other valuable consideration prior to full and complete performance of the services the credit services organization has agreed to perform for the buyer; (d) dispute or challenge, or assist a person in disputing or challenging an entry in a credit report prepared by a consumer reporting agency without a factual basis for believing and obtaining a written statement for each entry
from the person stating that that person believes that the entry contains a material error or omission, outdated information, inaccurate information, or unverifiable information; (e) charge or receive any money or
other valuable consideration solely for referral of the buyer to a retail seller who will or may extend credit to the buyer, if the credit that is or will be extended to the buyer is upon substantially the same terms as those available to the general public; (f) make, or counsel or advise any buyer to make, any statement that is untrue or misleading and that is known, or that by the exercise of reasonable care should be known, to be untrue or misleading, to a credit reporting agency or to any person who has extended credit to a buyer or to whom a buyer is applying for an extension of credit, with respect to a buyer's creditworthiness, credit standing, or credit capacity; (g) make or use any untrue or misleading representations in the offer or
sale of the services of a credit services organization or engage, directly or indirectly, in any act, practice, or course of
business that operates or would operate as fraud or deception upon any person in connection with the offer or
sale of the services of a credit services organization; and (h) transact any
business as a credit services organization, as defined in Section 13 -21-2, without first having registered with the division by paying an annual fee set pursuant to Section 63J -1-504 and filing proof that it has obtained a bond or letter of credit as required by Subsection (2).
A credit repair
business and its salespersons, agents, and representatives, and independent contractors who sell or attempt to sell the services of a credit repair
business, shall not do any of the following: (1) Charge or receive any money or
other valuable consideration prior to full and complete performance of the services that the credit repair
business has agreed to perform for or on behalf of the consumer; (2) Charge or receive any money or
other valuable consideration solely for referral of the consumer to a retail seller or to any
other credit grantor who will or may extend credit to the consumer, if the credit that is or will be extended to the consumer is upon substantially the same terms as those available to the general public; (3) Represent that it can directly or indirectly arrange for the removal of derogatory credit information
from the consumer's credit report or otherwise improve the consumer's credit report or credit standing, provided, this shall not prevent truthful, unexaggerated statements about the consumer's rights under existing law regarding his credit history or regarding access to his credit file; (4) Make, or counsel or advise any consumer to make, any statement that is untrue or misleading and which is known or which by the exercise of reasonable care should be known, to be untrue or misleading, to a consumer reporting agency or to any person who has extended credit to a consumer or to whom a consumer is applying for an extension of credit, with respect to a consumer's creditworthiness, credit standing, or credit capacity; or (5) Make or use any untrue or misleading representations in the offer or
sale of the services of a credit repair
business or engage, directly or indirectly, in any act, practice, or course of
business which operates or would operate as a fraud or deception upon any person in connection with the offer or
sale of the services of a credit repair
business.
To be treated as a regulated investment company under Subchapter M of the Code, a Fund must also (a) derive at least 90 % of its gross income
from dividends, interest, payments with respect to securities loans, net income
from certain publicly traded partnerships and gains
from the
sale or
other disposition of securities or foreign currencies, or
other income (including, but not limited to, gains
from options, futures or forward contracts) derived with respect to the
business of investing in such securities or currencies, and (b) diversify its holdings so that, at the end of each fiscal quarter, (i) at least 50 % of the market value of a Fund's assets is represented by cash, U.S. government
Among these requirements are the following: (i) at least 90 % of the fund's gross income each taxable year must be derived
from dividends, interest, payments with respect to securities loans, and gains
from the
sale or
other disposition of stock, securities or foreign currencies, or
other income derived with respect to its
business of investing in such stock or securities or currencies and net income derived
from an interest in a qualified publicly traded partnership; (ii) at the close of each quarter of the fund's taxable year, at least 50 % of the value of its total assets must be represented by cash and cash items, U.S. Government securities, securities of
other RICs and
other securities, with such
other securities limited, in respect of any one issuer, to an amount that does not exceed 5 % of the value of a Fund's assets and that does not represent more than 10 % of the outstanding voting securities of such issuer; and (iii) at the close of each quarter of the fund's taxable year, not more than 25 % of the value of its assets may be invested in securities (
other than U.S. Government securities or the securities of
other RICs) of any one issuer or of two or more issuers and which are engaged in the same, similar, or related trades or
businesses if the fund owns at least 20 % of the voting power of such issuers, or the securities of one or more qualified publicly traded partnerships.
Second, less than 90 % of the partnership's gross income can consist of dividends, interest, payments with respect to securities loans, or gains
from the
sale or
other disposition of stock or securities or foreign currencies, or
other income derived with respect to its
business of investing in such stock securities or currencies.