Angel Business Club Terms of Service

The Angel Business Club is a member’s club incorporated as a limited partnership (société en commandite simple) in Luxembourg, and is governed by the provisions of the Luxembourg law on commercial companies dated 10 August 1915 as amended (the “1915 Law”). This site does not provide or purport to provide an investment opportunity, investment advice, investment management services of any description or kind. Please review these rules prior to proceeding further. By logging on to the Members area of the site using your email and password you confirm your acceptance of these rules. Nothing contained in this website should be construed as an offer to buy or sell any securities and no advice of whatever nature, financial or otherwise, is given or should be implied. Always seek proper financial advice before taking the decision to become a member of the Club.

The Club's objective is to pool the expertise of the Club members as members of an organization to exchange knowledge on specific business matters. The Club provides a forum for its members to discuss, exchange and negotiate market ideas pertaining to the business of quoted and unquoted entities. The discussion forums, on this site have been provided by the Club. The Club hence is a forum for general discussion between members to discuss the development of unquoted and quoted companies. The members will pay a monthly capital contribution to the Club. The member capital contribution is non-refundable. The capital contributions will be used to cover the costs of running the Club and service providers who themselves render services to quoted and unquoted entities. As remuneration the Club may receive participations in such quoted and unquoted entities. Such participations may result in a free allocation exposure to members via their capital accounts in the Club. Please keep in mind that the Club is unregulated by any financial authority and no advice of whatever nature, financial or otherwise, is given or should be implied.

The Club is not an investment vehicle as the member capital contribution is non-refundable and the Club does not invest funds according to an investment policy. You are reminded that you must not post anything on this site, which could constitute a breach of the regulations in your country. Breaches of this can constitute criminal offences with penalties ranging from fines to imprisonment. Considering the real-time nature of the discussion forum on this site, it is impossible for the Club to review messages or confirm the validity of any information posted. Please remember that we at the Club do not actively monitor the contents of and are not responsible for any messages posted. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message.

The messages express the views of the author of the message alone, and not any entity associated with the Club. Any user who feels that a posted message is objectionable is encouraged to contact us immediately by email. Any such concerns should be emailed to info@angelbusinessclub.com. We have the ability to remove objectionable messages and we will make every effort to do so within a reasonable time frame, if we determine that removal is necessary.

This is a manual process, however, so please realize that we may not be able to remove or edit particular messages immediately. You agree, through your use of this service, that you will not use the discussion forum or any other publicly accessible areas of the site to post any material which is knowingly false and/or defamatory, inaccurate, abusive, vulgar, hateful, harassing, obscene, profane, sexually oriented, threatening, invasive of a person's privacy, or otherwise violation of any law in the region you and this site operates within. You agree not to post any copyrighted material unless, the copyright is owned by you or by the Club. Although the Club does not and cannot review the messages posted on the discussion forums and is not responsible for the content of any of these messages, we reserve the right to delete any message for any or no reason whatsoever. You remain solely responsible for the content of your messages, and you agree to indemnify and hold harmless the Club, and their agents with respect to any claim based upon transmission of your message(s). We also reserve the right to reveal your identity (or whatever information we know about you) in the event of a complaint or legal action arising from any message posted by you. Any breach of your obligations hereunder or as a member of the Club will entitle the Club to cancel your membership with immediate effect.

Please note that advertisements, chain letters, pyramid schemes, and solicitations are inappropriate to the content of this site and such postings will be removed. Please note that you may not repost content outside the Club site. Neither may you as an individual member share any stock information, nor promote any specific share or public stock in the open, this is strictly against the Club policy and illegal in most countries as well. Please keep this in mind for your own safety.

Only one user account and password per email address is permitted. You will as a registered member be a full member of the Club. Please treat other site members with the same respect that you would expect to receive from them. The Club abides by the EU Data Protection Act in relation to their member's privacy. With your permission, the Club and its partners may contact you from time to time via email with details of site news, and details of products that we believe may be of interest to you. The option to receive such emails is user selectable and is selected during the registration process, and can be changed by the user at any time thereafter, by selecting the relevant option in their user profile screen, or by contacting the Club by e-mail on info@angelbusinessclub.com. By consenting to this, you also permit partners of the Club operating under a regulated entity for the market in question to market investments and securities to you.

All Members joining the Angel Business Club through the invitation of an existing Member and not making any payments or having any Club activity within a period of 6 (six) months following the first date of registration with ABC, shall be removed from the invite tree of the inviting Member. Following that removal, ABC may directly approach such potential Members and convert them into paying Members. The original inviting Member will not be entitled to any commissions from such activation.

The Club prohibits the publication in any form of its materials in third party websites, social media platforms and any form of unregulated non-compliant public domain unless expressly approved the Club and its advisers. Misuse of Club materials will be taken very seriously.

Please observe that the Club by law is obligated to prevent money laundering and financing of terrorism by complying with governing regulations, recommendations and general guidelines. This invokes supervision and investigation of transactions, which fall under the regulatory definitions. You, as a member, are obliged to participate and reveal all information that is demanded in such investigations. While the Club doesn't prohibit private transactions, we are unable to assist in such transactions using our online platform for regulatory reasons. Abuse may lead to the suspension of your account. All member capital contributions are for membership to the Club. Member capital contribution are used by the Club at its discretion to cover the costs of running the Club and to carry out the activity of business acceleration services in cooperation with certain service providers. Service providers and the Club will receive as remuneration participations in companies.

All member capital contributions are therefore non-refundable.

The Club's custodian Beaufort Asset Clearing retains title of all the underlying participations in companies. Beaufort Letter of Confirmation

Members may be allocated free contractual entitlements to shares per their membership level on a monthly basis.

Beaufort Asset Clearing Services is the appointed custodian [click here for more information] of the Angel Business Club, and hold the daily updated register of member’s equity entitlements (Beaufort Asset Clearing Services Ltd – UK Financial Conduct Authority Reference Number 485165).

If a member of the Club wishes to terminate their account they need to give one month’s notice in writing to info@angelbusinessclub.com. Their account with all equity entitlements (not the ownership) will be offered to existing members at fair value (a pre-emption right) and this process can take up to four further weeks. If at the end of the pre-emption period existing members or the Club have not acquired the equity entitlements the exiting member can request the Club to auction their entitlements - please note that in an auction process the exiting member can choose the price to sell their free entitlements. If the entitlements are still not sold after the auction the exiting member can request the Club to transfer their entitlements into their own name. The Club is not obligated in any way to acquire Member entitlements on closure of an account. All entitlements are issued to members free of charge and the Club acts soley as a nominee for all members.

If an equity entitlement in a Company lists on a recognized or un-recognized stock exchange the member’s entitlement will cease to trade on the internal system and if a member would like to sell their entitlement of a listed stock the member may once per month on the first Monday of each month inform the Club of any sell order request. The Club will first offer the entitlement to existing members (pre-emption right) and if existing members or the Club do not acquire the entitlement the Club will instruct its brokers and the Custodian of the sell order.

The Club will make best efforts to fulfil a members sell order in an orderly fashion so as not to affect detrimentally the price of the Companies stock. All members are responsible for their own tax declarations and payments. The Club expressly does not offer any advice to its members on their personal tax liabilities or declarations. Members are therefore wholly responsible for their own tax declarations be it income tax or capital gain. The Club will provide Members annually an account report detailing any commissions paid and any capital gain realized. Members will hold harmless the Club against any member related tax enquiry and the Club reserves their rights to reveal any payments made to members if requested by any tax authority.

By registering as a member or by your continued usage of this site you agree that you have read and understood these rules and agree to be bound by them. You are also aware that your monthly payments constitute your member capital contribution and depending on your membership level this will be charged to your account by either SEPA, direct debit, or credit card / debit card for the duration of your membership. The Club has the following business exclusion policy and will not work in the following sectors.

Armaments (weapons)

Services and/or products that require pyramid type schemes for distribution or hard sales

Child and/or abuse, pornographic material, services and products

Companies that are operating in prohibited countries (according to Visa EU, MasterCard & international regulations)

Services which may provide peripheral support of illegal activities for business

Grey market suppliers taking advantage of Cross-Border trading loopholes in national laws

Nutraceutical USA, vitamin, herbal selling in USA market

Activities outside card association rules

Tobacco

Money laundering, terrorist financing & fraudulent activities

Replicas, criminal or counterfeit activities

Timeshares

Agricultural co-operatives

Adult services

By accepting the Term & Conditions of this website, I confirm that:

  • I have read, understood and fully accepted the terms & conditions of my membership of the Club
  • I confirm that I understand that equity entitlements are owned by me via my capital account in the Club (not the legal ownership in the shares). The allocation is made in accordance with the partnership agreement of the Club and above terms & conditions of the Club and that the amounts and levels will vary.
  • For clarity and avoidance of misunderstandings, I confirm that I understand that the only terms that apply to my membership and its benefits to me are those officially communicated on our websiteangelbusinessclub.com and nothing else. The Club will not take responsibility for misrepresentation or representation made by its members or other parties that deviate from this.
  • I confirm that I have contributed a non-refundable membership fee to the Club and I have no right to claim this membership fee back. I also understand that the Club is not an investment vehicle and there is no return or other remuneration whatsoever to which I am entitled as member of the club.