I would love to hear about your experiences. There are a couple clauses in the investor agreement that give slight pause… specifically that they reserve the right to “buy back” at a significantly lower rate should the ARI be rejected for reasons attributable to the investor. This seems potentially more likely as the legal representation involved works for Mercan, not the investor, and an oversight or legal omission resulting in ARI rejection could be “attributable” to the investor though really due to a conflict of interest in legal representation.
IAS is the legal team we’re working with through Mercan. I’m just checking on others’ experience with them. It all seems pretty legit, and Mercan has been around a long time and isn’t likely to act in a way that would damage their reputation. I’m just trying to be diligent.