The investment world has been quite abuzz when Matt Badiali made a video and publicly broadcasted the lucrative possibilities of having access to “freedom checks.” Learn more about Freedom Checks at dailyreckoning.com.
According to Matt Badiali there are about 568 companies who are currently issuing the said checks, which are covered by the Statute 26-F. The corporations who are allowed to dispense them can operate tax free but must be able to meet the following conditions:
- The companies must generate 90% of their earnings from the production, procession, storage and transportation of their oil and gas products within the United States
- The companies must agree to issue the checks to their investors.
Matt Badiali found out about the freedom checks while he was working abroad as a consultant for gas and oil mining companies. It was also there that he discovered the MLPs or the master limited partnerships, which is comprised by the 568 companies mentioned above. And according to Badiali, the profit some individuals make on the said checks ranges from $124,000 to $266,000 per year.
With the general decline of imported oil from the Middle East region, and the upsurge of gas and oil manufacturing within the United States, the corporations involved in the oil and gas production are confident to earn substantial proceeds that qualifies them to make projected payments of about $34.6 billion for the ensuing 12 months.
According to the Banyan Hill, the internet is full of spam offers that promise big sums of money for no or minimal effort. But the freedom checks Matt Badiali has been recommending is first of all legal. And the companies involved are making skyrocketing profits from 5,889% to 8,839% up until 39.832%. So, in simple mathematical terms, a small investment of $1,000 can have returns of as much as $398,000 yearly.
The companies issuing the cited checks are engage in the oil and gas industry. And to be able to meet the requirements of becoming an MLP, the said companies must pay 90% of their total earnings to their respective shareholders. The quarterly or monthly allocations of payments are more or less like stock dividend disbursements. And since they are considered as capital returns, taxes are not levied on them. Read more about Freedom Checks at banyanhill.com.
Incidentally, MLP shares can be bought just like how ordinary stocks are purchased, and such investments gave Matt and his supporters the opportunity to make ample gains. Hence, freedom checks are legal and are not any form of scam.