How It Works — Embark §721 & Income+

Step by Step

Check Your Eligibility

You need at least $500K in a single stock position. We'll verify your eligibility and walk you through which structure — Embark or Income+ — fits your situation.

Embark: Must be accredited investor (SEC Reg D 506(c))

Transfer Your Stock

Your shares move from your existing brokerage into a Schwab custody account. No selling — your stock stays intact throughout.

Embark: In-kind §721 contribution into the Embark fund — tax-free, no capital gains triggered

Income+: ACAT transfer into your own managed account at Schwab — shares stay in your name

We Run Option Strategies on Your Stock

Our investment team executes covered calls and other income strategies on the underlying stock. Same team, same strategies, same execution — whether you're in Embark or Income+. All trades clear through Charles Schwab. You keep full upside exposure.

Collect 10%+ Annual Income

Option premium generates income on your position. Target: 10%+ annually.

Embark: Quarterly distributions per the fund's operating agreement. Tax reporting via K-1.

Income+: Income goes directly into your Schwab account. Tax reporting via 1099.

Independent Audit & Transparency

Both products give you full transparency. You can see every position and every trade.

Embark: Annual PCAOB-compliant audit of fund financials + audited investor statements

Exit on Your Terms

When you're ready, you keep your stock.

Embark: 3-year lock-up, then full flexibility — continue earning or exit and receive your shares back

Income+: No lock-up. Cancel anytime. Your stock stays in your Schwab account.

Watch How It Works

3-minute explainer on the Embark §721 strategy.

Available Stocks

Embark

Income+

ALAB CDNS IOT SBET MSTR IREN HUT META NVDA GOOGL + any optionable stock

Which Is Right for You?

Same team, same custodian, different structures.

	Embark	Income+
Target Income	10%+ annually	10%+ annually
Keep Your Stock	Yes	Yes
Tax Deferral	Yes — §721	No
Lock-up	3 years	None
Structure	Embark fund	Managed account
Custody	Schwab	Schwab
Tax Reporting	K-1	1099
Best For	Large unrealized gains, tax-sensitive investors	Any stock position, flexibility-first investors

Not sure which fits? We'll help you decide in a 15-minute call.

Proflex Finance LLC is a Registered Investment Advisor (RIA) registered with the U.S. Securities and Exchange Commission. CRD# 334262. All investment strategies involve risk, including the potential loss of principal. Past performance is not indicative of future results. Option strategies involve risk and are not suitable for all investors. Embark funds are offered under SEC Regulation D, Rule 506(c) and are available only to verified accredited investors. Income+ is a discretionary managed account service. For complete information, please review our Form ADV.