Re:FTC goes after board game campaign gone wrong in first cr...
by anigbrowl on Thursday June 11, 2015 @05:31PM
(#9702582)
It's the SEC's job to determine that, and writing the rules is taking a long time, which is why title III of the JOBS act, which relates to small-scale equity crowdfunding, has been delayed.
Look, you really don't know what you're talking about here. I'm not saying that to make you feel bad, but to point out that some of your beliefs about how these things work have no basis in fact and you could end up making expensive mistakes if you act on those beliefs.
I understand that it may seem like a distinction without a difference to you, but if you were ever to set up a crowdfunding campaign of your own based on this viewpoint you could run into all sorts of problems.
Look, you really don't know what you're talking about here. I'm not saying that to make you feel bad, but to point out that some of your beliefs about how these things work have no basis in fact and you could end up making expensive mistakes if you act on those beliefs.
Try this simple overview of the issue and follow some of the links within to learn about the legal realities of crowdfunding-as-an-investment: http://www.forbes.com/sites/mraneri/2015/04/16/who-needs-equ...
I understand that it may seem like a distinction without a difference to you, but if you were ever to set up a crowdfunding campaign of your own based on this viewpoint you could run into all sorts of problems.