Matt Badiali featured in a video which he introduced the public to “Freedom Checks.” In the video, he explained how people can benefit regardless of their age, their income or even the amount of savings they have in the bank. He expressed that freedom checks are likely to be the next cash grab the business world has ever witnessed.For a company to take part in this program, it must be generating 90 percent of its revenues from operating in the natural resource industry carrying out activities such the production, processing or distribution of oil or natural gas.Companies that fit this criterion should then engage in distributing the revenues collected to the investors through freedom checks.
The investment is open for everyone and there is no restriction of the minimum amount to invest.This great investment opportunity is referred to as the Master Limited Partnership (MLP). It is publically traded limited partnership consisting of 568 companies in the natural resources industry that are in compliance with the statute 26-F, that offers the condition for issuance of freedom checks, The companies enjoy tax free investment. An MLP company’s income is exempted from taxation until all its investors are paid their capital earnings. Some of the companies in the partnership engage in activities of searching for new wells.In 1987, the Congress enacted Statute 26-F that allows companies to present their shareholders with in intervals that they see fit.
More so, they have the mandate of operating as tax-free entities, which translates to more benefits for the stakeholders. The 90% of the revenues it collects is shared among the investors according to their level of initial investment. Matt Badiali is expecting that now since the general public is aware of this kind of investment, the MLPs might start making monthly or even quarterly payment through the checks.With the current decline of oil importation in the USA, American oil companies have increased their production levels to meet the rising demand. These factors are expected to increase the level of profits earned by the MLPs translating to fatter according to freedom checks for the shareholders. The process of purchasing the shares in an MLP is simple and so is the process of receiving the freedom check.