Premium Point is a sponsor group of 7 issuers that PartnerFacts links to one sponsor (shared people, shared principal (person on 60+ issuers) at the same address or management entity, same business address, similar issuer names, shared management entity; automatic match from the filings), filing 13 Form D filings between Feb 2010 and Apr 2016.
What this means One team, 7 deal companies, about 6 years of track record in SEC filings. We link the companies because the same people or address appear on their forms — tap "Request a correction" if that is wrong.
Combined reported sold: $1.04B to 84 investors (latest filing per issuer). Industries as reported: Pooled Investment Fund (7). Issuers are based in NY (7).
What this means $1.04B raised across the group, about $12.4M per investor. Amounts come from each company's latest Form D; they are what the sponsor reported, not audited figures.
Principal people: Anilesh Ahuja (7 issuers, executive officer, director, and promoter), Patrick Downes (4 issuers, executive officer, director, and promoter), Hyung Peak (3 issuers, executive officer, director, and promoter), Micah Green (2 issuers, director), PPI GP Residential I LLC (2 issuers, promoter, entity) and 6 more.
What this means The person on the most companies is usually the one running the show; their page lists every deal.
Activity: 0 new offerings in the last 12 months; latest filing Apr 19, 2016.
What this means No new raise filed in the past year.
Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AZ, CA, DE, TX, WA), property records (NYC, FL, IL and TX counties) — 1 court case matching the name, 7 bankruptcy cases matching the name listed in Key records below.
What this means 8 records came back. Each one is listed below with a link to the original document and a line saying why it matched. A name match is not proof it is the same person or company — read the why line and the document. Being sued or named in a release is an accusation, not a finding.
We compared 13 public filings for Premium Point and found 7 differences, 2 worth asking the sponsor about: 4 Form Ds were filed more than 15 days after the first sale; 4 people are no longer listed on a later amendment; and more below.
What this means These are differences between the sponsor's own SEC filings — both values, dates and sources are listed in Key records, section 4. Most have ordinary explanations; ask the sponsor.