Monthly Archives: November 2017

SEC OKs Reg. A+ Cannabis Offering

Although still technically illegal under Federal law, the U.S. Securities and Exchange Commission has apparently cleared an offering by a cannabis grower. True Leaf Medicine International Ltd.¬† (issued a press release that it has received a notice of qualification from … Continue reading

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Robot Crowdfunds Its Brain

Creepiest crowdfunding campaign yet (and possibly a problematic one) is the initial coin offering to fund the artificial intelligence of a humanoid robot, Sophia. The fiat currency is being raised to fund ” SingularityNET, an open source platform for AI … Continue reading

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Crowdfunding Worms For Mars

Wageningen University in the Netherlands has set up a crowdfunding site to pay for research to see if earth worms can survive in Martian (like) soil. In 13 years, Elon Musk has promised a manned trip to Mars, so scientists … Continue reading

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Crowdfunding Needs More Regulation(?)

A recent scholarly study noted that Regulation Crowd Funding is not sufficiently protective of the typical investor. The study notes that, notwithstanding the disclosure requirements, unsophisticated investors could easily be sucked into a “get rich quick” Ponzi scheme or outright … Continue reading

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Unicorn Tender Offer In The Offing?

Here’s something you don’t see everyday – a tender offer for a privately held unicorn’s shares. This ad is in today’s Wall Street Journal and notes that a consortium of private investors (Softbank?) intends to offer to purchase Uber shares … Continue reading

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Crowdfunding Bail For Indigent Defendants

Criminal justice reform has recently focused on the fairness of bail. Now, two crowdfunding apps are financing bail for those who can’t afford it. “Appolition, is funded by credit cards when users round up purchases to the nearest dollar and … Continue reading

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The Initial Troll Offering

There is now a crowdfunded Initial Coin Offering¬† to respond to the open letter published in the Wall Street Journal by Interactive Brokers. If you recall, the IB letter claimed that Bitcoin valuation had no relation to reality. Now, the … Continue reading

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