Lawaranceville E-Newsletter

Point out news stories, on the net or in mainstream media, related to polywell fusion.

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Ivy Matt
Posts: 679
Joined: Sat May 01, 2010 6:43 am

Re: Lawaranceville E-Newsletter

Postby Ivy Matt » Wed Nov 29, 2017 3:37 am

LPPFusion has now raised over 75% of their lower goal of $400,000:

https://wefunder.com/lppfusion/

I believe they need to raise at least $400,000 to get anything from Wefunder.

By the way, I was wrong about the SEC regulations. It's not a minimum investment of $1000 but a maximum number of 500 non-accredited investors. That means that, if LPPF managed to get investments from 500 non-accredited investors, each one would need to invest an average of $800 in order for LPPF to reach their lower target.
Temperature, density, confinement time: pick any two.

Skipjack
Posts: 5824
Joined: Sun Sep 28, 2008 2:29 pm

Re: Lawaranceville E-Newsletter

Postby Skipjack » Wed Nov 29, 2017 1:16 pm

Ivy Matt wrote:By the way, I was wrong about the SEC regulations. It's not a minimum investment of $1000 but a maximum number of 500 non-accredited investors. That means that, if LPPF managed to get investments from 500 non-accredited investors, each one would need to invest an average of $800 in order for LPPF to reach their lower target.

I saw it in their recent post. I don't really like that rule. It gives the super rich an unfair advantage.

hanelyp
Posts: 2179
Joined: Fri Oct 26, 2007 8:50 pm

Re: Lawaranceville E-Newsletter

Postby hanelyp » Wed Nov 29, 2017 10:08 pm

A lot of SEC rules are ostensibly to protect small investors who may not know what they're doing. But the result is restricting some potentially very profitable (and undeniably very risky) investments to large investors.
The daylight is uncomfortably bright for eyes so long in the dark.

Skipjack
Posts: 5824
Joined: Sun Sep 28, 2008 2:29 pm

Re: Lawaranceville E-Newsletter

Postby Skipjack » Thu Nov 30, 2017 4:26 pm

hanelyp wrote:A lot of SEC rules are ostensibly to protect small investors who may not know what they're doing. But the result is restricting some potentially very profitable (and undeniably very risky) investments to large investors.

Well, investing in some fund somewhere, can be just as risky for small investors, as well all know. Unfortunately kids do not learn at school how to properly manage investments. How to assess risk and how much of your investment money should go to what level of risk investment.
I would have totally invested a couple of hundred into LPP, because that is what fits into my "high risk investment" budget. I would not do more than that, though.

RERT
Posts: 100
Joined: Mon Jun 02, 2014 9:10 pm

Re: Lawaranceville E-Newsletter

Postby RERT » Sat Dec 02, 2017 4:09 pm

I think the right way to view this offering is as a charitable donation that comes with a lottery ticket. Structurally, you might make 100 times your money with a probability less than 1 in 10000 - my guess. However, I thought it was worth supporting when it was pure charity and more so now. You certainly have to be prepared to never see your money again if you invest.

I'd encourage people who can afford it to look at it this way, and support what I think is entirely unique fusion research. They still need more support for the Wefunder round to be successful.

No, I have nothing to do with LPP.


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