Stupidest crowdfunding idea ever:
A microbrewery in Ohio is asking “investors” (really gamblers) to plunk down $47.50 per share, vote for either black or red, and say how many shares they want to gamble. After the closing, the votes will be counted and the officers will go to a casino, live on TV, and bet the money on the winning color on one spin at a roulette table . It it wins, your shares double, if it loses, so do you. Note that the odds of winning are about 47%.
This is a Reg. A offering, so the SEC may get involved.