Wednesday, January 17, 2018 8:23:35 PM
It works like this, you put up a new product that does not exist yet, people buy it and wait for it to be manufactured. The funders get a good deal and unless enough people put up the money, the money is refunded to funders.
If enough people do (think about 1/3 of time) then the company gets the money and produces and delivers the product.
So not buying the stock, buying the product to help fund its creation. Here is official explanation: https://www.kickstarter.com/help/faq/kickstarter%20basics
Now with millions of people a week (literally) checking out projects on KickStarter, those people may decide to invest. BWMG is usually easy to do that with, as is publicly traded company, with a few keystrokes anyone can buy it.
So it publicizes the product and the stock also as a byproduct. People may want to wait and pay more later, but they now know the product exists. And agree with Yankee this is revolutionary product JMHO.
Recent BWMG News
- Form 8-K - Current report • Edgar (US Regulatory) • 02/13/2024 08:27:11 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 07:07:39 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 04:55:11 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:01:27 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/29/2023 04:34:38 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM