From the Prospectus:
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We will apply the reduced selling price per share and selling commissions to the incremental shares within the indicated range only. Thus, for example, a total subscription amount of $1,250,000 would result in the purchase of 119,599.173 shares at a weighted average purchase price of $10.452 per share as shown below:
• $500,000 at $10.580 per share = 47,258.979 shares (7% selling commission + 3% marketing support fee);
• $250,000 at $10.474 per share = 23,868.171 shares (6% selling commission + 3% marketing support fee);
• $250,000 at $10.368 per share = 24,111.724 shares (5% selling commission + 3% marketing support fee);
and
• $250,000 at $10.263 per share = 24,360.299 shares (4% selling commission + 3% marketing support fee)
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10% right off the top for fees and marketing?? I would run from this and fire the FA.