Here's an interesting article, to cogitate upon ... excerpt follows ...
An angel investor or angel (also known as a business angel or informal investor) is an affluent individual who provides capital for a business start-up, usually in exchange for convertible debt or ownership equity. A small but increasing number of angel investors organize themselves into angel groups or angel networks to share research and pool their investment capital.
Angels typically invest their own funds, unlike venture capitalists, who manage the pooled money of others in a professionally-managed fund. Although typically reflecting the investment judgment of an individual, the actual entity that provides the funding may be a trust, business, limited liability company, investment fund, etc.
What were the sources of money needed to build the Big House? Reports are that a wealthy member provided $6 million a year ago. Reports are that the final cost was about $12 million ... where did the remaining $6 million come from? Were these gifts or was someone effectively selling equity to a business with a contractual agreement to share in any profits via a rate of return on equity? ROC is incorporated as a business, and there are already a number of businesses operating under that name.
I haven't posted in a while...mainly because I was becoming consumed with it. I have since been giving my opinion when asked for it and praying that the truth be revealed. I have not for one second though second guessed my concerns.
I heard that there was a women's talent show at the ROC??? Sounds strange to me, does anyone know anything about this?? It believe it was a while ago but within the last year or so.
The Roc has started the move into the "Big House" I have a feeling and pray that alot of truth is revealed as these cahnges are made. From teh sounds of all that will be included in this new building..that a community of sorts is being formed to ROC members.....aside from living there members will pretty much be able to serve all their needs at this one location...a laundry mat, a store, gym......sounds strange and cult like to me....