An investor is considered a Sophisticated Investor if:
1. a person or entity invests at least $500,000 into the offer, or 2. A person has obtained a qualified accountant’s certificate not more than 6 months old that a.) has net assets of at least $2.5 million, or b.) has a gross income for each of the last two financial years of at least $250,000, or 3. An entity that is controlled by a person that meets the requirements of (a) or (b) above.