emmetb wrote:
Apparently not. And this is the interesting part because it might represent a possibile loophole to get around the accredited investor rule: start a subsidiary company abroad which will offer shares, online, to whoever wants to invest (also smaller investors who would fall inbetween donators and investors: let’s call them invators 😉 ) this company would do nothing else but to reinvest the money back into the US, and fund LPP’s next round of experiments.
[edit – i just thought of an even better name for the innovators, we can call them: white-pawns… Man! I’m really on a roll here! 😉 ]
While I am clearly all about investment in LPP and fusion, I would caution about going trough the loopholes. They are for Rich and powerful – not for ordinary folk. You should discuss it with a lawyer – actually two lawyers minimally – one German and one from USA. Another issue is that the credibility of LPP will take a hit from this funding approach as well as the funds provided will probably just trickle rather than flow for some time.
And of course I would not be very surprised if our ball lightning manufacturers would get sacked by some government agency when they get a little more attention. This said – I would love to see this implemented and would love to be involved in investment promotion campaign.