We have now raised $266,125 by 116 investors. We want to alert everyone that due to SEC regulations, we will only be accepting investments from 500 investors through this crowdfunding. This is because the SEC requires that companies with more than 500 non-accredited investors and $25 million in assets must have a public offering— must become listed on a stock market. We expect that in the course of our development phases, which requires a lot more capital than the present research phase, we will likely have more than $25 million in capital. But going to a public offering at that time, before we have a working prototype generator, will be a costly diversion. Instead we want to choose when we make a public offering. For that reason, we will not go over the 500 limit. This also led us to choose the minimum investment limit, so we would have a good chance of reaching $1 million with fewer than 500 investors. This all means that we will be accepting investments from another 384 people so we encourage you to take action, visit https://wefunder.com/lppfusion or participate in our live events if you have any questions.
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