I've made a short analysis of that announce, and the connections with LENr-cities/LENR-Cars http://www.lenr-forum.com/forum/index.php/Thread/338-LENR-Invest-Fund-I-LLC-raises-205-000-in-May/
I don't have confirmation, but connecting some wire I have an idea of what is the money for. Not a huge project... but something (if I'm right) that will make some skeptics furious and the LENR community happy. Angel are landing. This kind of money is not industrial investment but entry cash for inception. As I've heard the problem with industrial is that they are OK to invest few million in a finished prototype, but not 100k in research. It is a hard work to get 100k. 2014-05-16 23:04 GMT+02:00 Kevin O'Malley <[email protected]>: > Here's an example of some early-adopter money starting to move into this > space. The problem is, it's not available to just anyone, and in > particular, they already closed it off for this fund. > > > http://form-d.findthebest.com/l/162985/Lenr-Invest-Fund-I-LLC > > > Lenr-Invest Fund I, LLC, which is in the Pooled Investment Fund business, > filed a new Form D on May 13, 2014. > Offering Details > > - The total reported offering size was $205,000. > - Of this amount, Lenr-Invest Fund I, LLC sold $205,000 or (100% of > the offering), with the first sale occuring on May 01, 2014. > - The minimum investment for this offering was set at $15,000. > > Analysis of Offering > > - On average, companies in this industry sell 34.75% of the total > offering size. $0 was reported remaining. > - The average floor on investment size for companies in the Pooled > Investment Fund industry is $100,000. > - The method of investment was Equity. > > Registration Exemptions > > - The company reported the following exemptions: Rule 506(b). > > *Rule 506(b):* A federal and state registration exmeption provided under > Regulation D. Allows the issuer to raise unlimited funds with no > limitations on the number of accredited investos and up to 35 > non-accredited investors. The issuer is not allowed to publicly solicit the > offering. For more information on Rule 506 see Key Regulation D Rules. > > > On Fri, May 16, 2014 at 6:12 AM, Jones Beene <[email protected]> wrote: > >> Any "steam engine" stocks? >> >> I think that this is a good question and especially because many who >> support >> LENR would probably plow back any profits made from the Rossi announcement >> into R&D. >> >> Rossi is the tip of the massive iceberg – capable of sinking the Titanic >> OPEC (or at least turning her back to port) but since AR admits to not >> understanding what is going on –this is a wide open field, needing only >> R&D >> dollars and smart experienced researchers to explore all the angles. >> > >
