Hopefully Crobears trains are more in time than any train to Manchester Oxford Road.
Who says it's a train? Maybe it's just a loading screen and the carriage stands still while there is a city passing by projected at the windows.
Hopefully Crobears trains are more in time than any train to Manchester Oxford Road.
Equity crowdfunding? Is this just a fancy term for milking backers for all they can spare?
Direct link to the article: https://www.forbes.com/sites/howardmarks/2018/12/19/what-is-equity-crowdfunding/#487641953b5d
Again 0 proof and loads of accusations. The islands now?
Could it be that they got Mr.Offner on board because the'll try to go public in the nearer future? FYI see point two from the direct quote.
Wouldn't going public require a level of legally mandated transparency and scrutiny that the type of organization that operates more than a dozen shell companies seeks to avoid?
It does, however, take a big brass pair to sell off your crowdfunded company for personal gain whilst continuing to crowdfund the company.
The man is a total {REMOVED BY SWEAR FILTER}.
Derek has collected some documents describing the new corporate dependencies:
http://dereksmart.com/forums/reply/6792/
Wouldn't going public require a level of legally mandated transparency and scrutiny that the type of organization that operates more than a dozen shell companies seeks to avoid?
Nice try, but i'm not giving DS any clicks.
Did CiG address this issue in a public statement in the meanwhile? I didnt see anything but maybe only the "worthy" people got mail?
As they are not a public company, there is no legal obligation to make anykind of public statements regarding their business. They're running a LLC (as of now) not a PLC.
Also, why should they? The truly faithful accept everything anyways without further ado, as always I might add.
Could it be that they got Mr.Offner on board because the'll try to go public in the nearer future? FYI see point two from the direct quote.
Direct quote from above linked article:
"For investors, the process of investing in equity crowdfunding is straightforward, but on the other end there are certain regulatory requirements entrepreneurs have to follow.
There are two routes entrepreneurs can take::
- Regulation Crowdfunding - through which companies can raise up to $1.07M annually. Companies can start raising capital for free after filing a Form C with the SEC, but to raise more than $107,000, an independent CPA must review the company's financials for the past two fiscal years, or since incorporation.
- Regulation A+ - the mini IPO, through which companies can raise up to $50M annually. However, before a company can start raising capital under Regulation A, the company must hire a securities attorney in order to create a Form 1-A that is then submitted to the SEC for qualification (qualification takes 3-5 months at minimum). Companies also have to conduct a financial audit for the past two fiscal years. Companies are able to "test the waters" and publicly collect investor information for the moment when their offering is qualified by the SEC, but they cannot raise capital until then." /end quote
Yeah I m still hung on the "treat backers with respect" and "be the most open development ever" bits.
Even though this is still very much a work-in-progress, Star Citizen’s soundtrack is already six kinds of amazing with the kind of range and production values that many MMOs would love to have. Space MMOs have not always had the best of scores (see Elite: Dangerous, Earth and Beyond), but this bodes really well for the soundscape that RSI is putting together.
There’s a rather popular quote in military circles that goes “no plan survives contact with the enemy.” This quote springs to my mind as I recount my latest Star Citizen escapade as chosen by you fine folks because my attempt to make money via Jumptown drug running went absolutely haywire. That said, I legitimately ended up having possibly more fun participating in this comedy of errors than I would have if things had gone to plan.
Well, in front of a jury one could argue that he didn't lie when he claimed "the most open development ever". That could fly.
Other than that there is no obligation to tell the bakers anything regarding the rest of the company, even if he stated it in the TOS in regards to the finances of CIG, which is unenforcable anyways, so there wasn't even a need to change the TOS removing that part.
And to be frank "treating ourcustomersbackers with respect" is one of the most overused PR word balloons worldwide, anybody who really believes such PR-speak should seek medical health asap.
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With regards to the greatly awaited SQ42 roadmap this week I fully expect CIG to state a delivery within 2019 to maintain hype levels and related pledging, even if totally unrealistic. Fans seem to be completely insensitive to roadmap delays or lies so it will cost CIG next to nothing to either delay it or just release poor quality as usual.
With regards to the greatly awaited SQ42 roadmap this week I fully expect CIG to state a delivery within 2019 to maintain hype levels and related pledging, even if totally unrealistic. Fans seem to be completely insensitive to roadmap delays or lies so it will cost CIG next to nothing to either delay it or just release poor quality as usual.