Reply To: Military Effects

[zapkitty]

JimmyT wrote:
Right now laws restrict stock purchases in IPO’s to accredited investors (investors of high net worth and/or high earnings).

It’s already happened. It’s called JOBS and it’s what you get when wall street gets to write new regulations for crowd funding equity… i.e. further deregulation for the benefit of the wall street elites.

The Junpstart Obama’s Bucket Shops Act
https://focusfusion.org/index.php/forums/viewreply/10179/

And it does enable small equity investments by non-elites in startups without paperwork overload… it also does a bunch of other things that will make wall street very happy and those “other things” will surely come back around to bite the rest of us in the ass in a decade or less.

But the framework for JOBS has been implemented piecemeal over the past several months and the final regulations are supposed to be set up just about… now.

As I said in that thread, “This is not the reform that startup regulation needed but it’s what we’ll have to work with.”

And it should enable true crowdfunding for LPP without burying Derick in paperwork… and even 10,000 one-time investors at, say, 50 bucks apiece would solve a lot of issues for startups like LPP.

The crowdfunding portals that the act creates would handle the paperwork, the investors could treat the investment as “if and when” without being able to micromanage LPP… and LPP should be able to concentrate on fusion engineering.