Tuesday, April 12, 2016 2:05:51 PM
An amount and a time frame are set
Ex: $2,000,000 in 30 days.
A unit price is set
Ex: $2,000
A return for said unit is set.
Usually the return is the product that is being funded. If the gofundme is developing sunglasses, and the product gets funded, every person who donated said amount would receive 1 pair of sunglasses.
In our case, maybe $2,000 would get each donator 1,000,000 shares. (Or whatever number)
So, if the goal is met in the time frame, everybody who pitched in revives the compensation.
If the goal is not met, nobody is out any money.
The advantage for us is we could facilitate drilling while being rewarded with cheap shares. It actually makes a lot of sense for all parties. It's almost like saying I will buy stock but only if we drill...
That being said, I have no idea if this is legal or possible but I like the idea.
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