Revenue Sharing Solutions
Policies and Procedures
1. The Revenue Sharing Solutions platform, is a private, non-public, Internet Platform, (herein after referred to as, “Program,”) for the exclusive use of those who accept these Policies and Procedures and register their User Identification and personal information at Revenue Sharing.Solutions. The Program is for Shareholders, through referral only.
2. Each Participant in the Program agrees that these Policies and Procedures will govern one’s participation in the Program. Failure to adhere to these Policies and Procedures will be grounds for termination of one’s account and disqualification from future participation in Program.
3. Definitions of terms used by Program are published, (Here), and by reference, become part of these Policies and Procedures.
4. Each registered participant purchasing a share in Program, is considered a, “Private Shareholder” and not an Independent Contractor or Employee of Program. The term, Private Shareholder, is a descriptive noun used to identify a participant in Program and in no way denotes or infers, a Stock Holder position with ownership rights. Revenue Sharing Solutions is a wholly owned private subsidiary of Love Won Society, a Corporation Sole, registered in the State of Nevada, USA.
5. Registration of an Individual, a Non-Profit, or a Trust. While RSS does not require identifying documents upon Registration, the transferring Merchant Account, may require private information to complete and submit an IRS form 1099 for each account. Therefore, documents to prove identity of each Shareholder must be available upon request. This includes: Trust documentation to establish a responsible person for the Trust and Articles of Incorporation for non-profits. Each Shareholder is responsible to establish their own accounts to facilitate the transfer of funds from the RSS account to the transfer agent’s account and then to the designated bank account for the use of the funds by the Shareholder.
6. Program does not accept registration of Trusts from a Shareholder Trust or a For-Profit Corporations. IE: C-Corps, LLC Etc. A non-profit organization or a Trust must have an IRS, Employee Identification Number (EIN) to register.
7. Trust Structures and use. For those wanting to register a person under the age of 18, or a person who is mentally challenged, we recommend the use of a Trust to create the Shareholder position for their use. The Parent or guardian would be the grantor and the Trustee of the Trust, with the child or mentally challenged person being the beneficiary. The Trust documentation should be set up by a competent professional.
8. Trusts are not considered a person or a non-profit organization when computing qualifications for the Shareholder Bonus program. Program limits Each Shareholder to six (6) Registered Trusts. Use them wisely.
9. Trusts are not eligible to register another Trust. A trust must be registered under an ‘individual’ Shareholder’s User ID.
10. A Trust structure may be registered by a Shareholder and used for entities such as a Police Department or Precinct, a Fire station, a School District, a school, a classroom, a neighborhood Boys and Girls Club, or other community assistance programs. Program requires a responsible chain of command person within the organization to oversee the use of Trust money as the Trustee. The Trustee has the legal obligation to use the Trust money for the benefit of the beneficiary according to the Trust Documents and not for personal gain. Equipment upgrade and maintenance and improvements such as, bullet proofing squad cars, is an appropriate use of Trust funds.
11. The Government Assistance Program or GAP is designed to augment State, County, or City Government’s budget shortfalls. A Government agency may make application to RSS for a Government Trust to assist in funding necessary items where the government budgets are inadequate to sustain valuable programs within their jurisdiction. In making the application the agency must justify the need for Trust funds and indicate where and how the funds are to be used. RSS does not dictate how the funds are used within a department with the exception that funds are not to be used for personal gain. The Auditors office must sign the application and be responsible to audit the funds and make an accounting for the use of funds. RSS requires the Trust establish an account with the RSS accounting firm of KPMG. The KPMG monthly reports to RSS will be analyzed and if any discrepancies exist from the application stated use of funds, RSS will require an audit from the Government Auditor to either substantiate the discrepancies or prove appropriate use of funds. If the report does not reconcile the discrepancy, the account will be put on hold and investigated. If misuse of funds is found, a criminal referral may be made. Regardless, the account will continue to accrue funds until reconciled.
12. Gap may contract with RSS for Employment Contract Shares for government workers. RSS will use directors of the Community Assistance Centers to administer contract shares.
13. School districts are separate from the Government Assistance Program and will be dealt with on their own. A school district who signs a contract with RSS, may participate in the Employment Contract Shares program for their teachers and staff and may apply for Trust shares for specific purposes: IE. sports equipment for football etc. RSS may refuse school districts who require teachers to use Common Core or liberal agenda-based curriculums.
14. Factual misrepresentation of information, used to register an account with Program, will be considered a fraudulent activity and will be grounds for termination of offending Shareholder’s account. Shareholder will be disqualified from further participation and may be referred to Federal law-enforcement for prosecution. Grand Larceny Theft may apply if Shareholder has fraudulently received more than $10,000 dollars from Program.
15. Each Shareholder in Program, is considered a private individual, or a legal public entity, doing private business with Program. Participation in Program is by voluntary consent and must be by referral from a Shareholder already registered in the Program. Program Administrators do not, and will not, publicly solicit participation in Program.
16. Program does not enter into any contractual obligations with Shareholder, nor offers any guarantee as to the continued viability of Program. The source of Program Revenue is by donation from Benefactors who are, and will always remain, anonymous. It is by their grace and their desire to share their, legally obtained and certified; clean, clear and non-terroristic funds, that stands as the basis of which Program’s funds are administered. These Benefactors have donated funds that will cover billions of active shares well into the future.
17. Ownership of funds is transferred to Shareholder when downloaded to Shareholder’s General Cash Account. Shareholder must establish their own Bank Account to which funds may be transferred for use by Shareholder.
18. The minimum age to participate is 18 years of age. A parent or Guardian may register one of their allotted Trusts for a minor child with the understanding that it is their responsibility to manage the RSS account, to include the payment of taxes, establishment of a Trust Account to receive transfers from the RSS platform, and the counseling of wealth management and use of the funds.The Trust document decrees how the money is to be spent. It is up to the parent or Trustee to manage the funds according to the Trust docuemnts
19. Use of Revenue by Shareholder, is left up to the discretion of Shareholder. Revenue received from one’s participation in the Program may not be used for any illegal activities. The Universal Law of, “Do no harm to yourself or others,” is a directive used to adjudicate illegal activities. Violations will be grounds for termination of the Shareholder account and will disqualify the Shareholder from further participation.
20. Public advertisement and/or the use of the Public Media to solicit for the RSS Program, is strictly prohibited. Program administers will provide approved calling cards and other promotional strategies for personal Sharehoder use, to help in referring and registering new Shareholders. Without a personal referral by an RSS Shareholder and a referring user ID#, a person can not register.
21. Social Media used for Solicitation of Program must be a personal account and closed to public access. As a private non-public entity, Program Administers honor 1st Amendment rights, however solicitation to the open public is a violation of these Policies and Procedures and may resultant in termination of Shareholders RSS account.
22. A valid email is required for participation in Program. Shareholder’s email is considered to be, Private Property, and will not be published or sold. Your email address must be maintained for communication purposes by Program administrator.
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24. New Shareholders shall choose a “User ID,” at the time of Registration. The User ID shall be used to identify Shareholder within the Program. All Revenue dispersals and other information for Shareholder is obtained by Signing into their Personal Office. A User ID may not contain any offensive, discriminatory, or suggestive language or implications. Violators may be asked to choose an appropriate replacement user ID to continue participation in Program.
25. All Account information and reconciliation shall be accessed through Shareholder’s Personal Office. The information in the Personal Office, is considered private property of Shareholder. Program administrators shall not share this private information with any outside persons or entities without Shareholder’s consent or by court order. Transfer agent, if used, is considered a Merchant Account by the IRS and Banking Institutions and, as such, shall be responsible for IRS form, 1099. Each Shareholder shall be responsible to submit information needed to complete all IRS forms to the Merchant Account service provider. The RSS Personal Office will retain all account information for the Shareholder’s transfers from RSS to the transfer agents account.
26. Shareholder’s Bank Account: Each Shareholder must establish a bank account to transfer funds from the Merchant Account to their bank account. To avoid the appearance of money laundering, we require said bank account to be owned by Shareholder. There must be a digital fund transfer trail from Shareholder’s RSS account to the Merchant account and then to the Shareholder’s owned account. Transferring funds to an account not owned by Shareholder is grounds for termination. RSS records are available to law enforcement authorities if requested by court order.
27. Each Shareholder may be required toestablish an account in the designated transfer agent’s business to be chosen by Program. This is required to receive distributed funds. Shareholder will establish their own accounts for the transfer of funds from said transfer agent to their own personal account for the personal use of funds. Private information may be required to establish said accounts. Program shall not have access to said accounts and will not retain any private information beyond required administrative information for registration.
28. Shareholder may close their account at any time without punishment. The closing of Shareholder’s account shall be accomplished by communicating Shareholder’s desire to close the account, by email to email@example.com. The time and date of account closure shall determine the point at which funds will be reconciled, distributed and then closed from further distribution.
29. Canceled Account information of Shareholderwill available for review in their Personal Office until June of the following tax year.
30. The Program’s Internet Platform, contains proprietary, private, design information and is not available for purchase or sale.
31. All Shareholder accounts with Program shall survive the death of Shareholder and will be distributed according to any existing legal documents or Probate Court decision. Such accounts will continue until qualified funds are distributed according to the existing platform distribution system. Authorized management of account is required to transfer revenue to Shareholder’s personal bank account.
32. Any Hacking attempts into Program will be investigated. If such attempts are found to be initiated by any Program Shareholder, their account will be frozen until the process of arbitration is completed. Attempt to hack into the Program is grounds for account termination.
33. Any disputes arising out of the qualification, distribution and/or use of the funds for the account of Shareholder shall be adjudicated by Arbitration as per Love Won Society’s Corporation Sole filings.
34. Absent a Court order or results of Arbitration,Program administer’s decision shall be final.