Crowdfunding the creation of the next version of LFGSS

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  • Moved across some money to seedrs today.

  • i can't find the details of the seedrs bank account to transfer funds to, where should i be looking on their website?

  • Go to "your account" hit deposit, tell them how much.
    It then gives you a reference number and bank details.

  • cheers

  • Totally failed to get emails out... 271 people is far too much for Google Groups to let me do in any reasonable way... going to have to set up a mailjet list for it... will do so once I get home.

    General gist: We're close to submitting to Seedrs, and investors should be registered on Seedrs already or very soon. We will launch the patron side of things very shortly too.

  • Joined seedrs and transferred funds
    Easy

    your turn Velocio

  • Just catching up on all this (voting in a poll does not subscribe you to the thread!).

    Will I be able to join seeders even though I am a kept man, so pay no tax. Do I just lie on the questionnaire? Are there implications of doing so?

  • Sorted

  • only just managed to catch up on all this too. will consult with the wilkinson exchequer in due course

  • Yes they would.

    Actually, in their agreement with me:

    The identity of the investors on whose behalf we subscribe for shares in the investee company as nominee, and the amount invested by each such investor, will be a matter determined solely by such investors and us pursuant to separate agreements, and neither you nor the investee company will have any right as to consultation or otherwise in respect of the identity of such investors or how much any such investor invests.

    Nope... I don't find out unless it's by a public source of data open to the world.

  • how much funding are you now looking for? do you expect many of the non lfgss investors on seedrs to contribute too?

  • I imagine any person on seedrs can and will contribute so may be a scrabble once Velocio has uploaded microcosm to seedrs

  • how much funding are you now looking for? do you expect many of the non lfgss investors on seedrs to contribute too?

    £50k for 10%.

    And yes, it's public on Seedrs and those investors will be faster and have deeper pockets than most on here... so I expect we'll get a few non-LFGSS people investing too.

    I've read the final agreement, and it's my understanding that once I hit submit it potentially could be live immediately (pending only a very quick review by Seedrs).

    So... to give people here a chance, I'm going to wait until tomorrow. The question is, what time would be best for people?

    Should I hit submit at, say, 2pm or 8pm?

  • I don't think it makes a lot of difference to me actually.

    What's the betting that this is one of the fastest uptakes they ever have?

    David & MicroCo.sm as their poster boy for a while...

  • late in the evening, will be at the gym until 7.15 and then need to get home

    just don't want to miss out

  • ^This
    late is good

  • What about the potential lag on the personal identification step of LFGSS members DK? Are you aware it may take time to verify our identities?

  • DK does not get to chose who invests, so no lag exists

  • What about the potential lag on the personal identification step of LFGSS members DK? Are you aware it may take time to verify our identities?

    It's like I've not been banging the drum for the last week.

    What lag is there? Is there a step that takes beyond 24 hours to complete?

  • Fair point about the drumming.

    But yes, potentially it could take longer than 24hours.

  • From my experience, I saw the initial poll voted nad then didn't see this thread again until today, since it did not appear on my subscribed list. You may find that only a small number of voters are aware of the immanence.

    Maybe an email with 48 hrs warning?

  • do we need a separate poll where people can confirm if they are now registered and have made an initial deposit on seedrs?

  • No, you guys need to tell me who long it takes... or rather to those who are signed up, how long from initially registering to the account being active and ready?

  • Took just a few minutes to sign up answer q's get verified and transfer funds

    I had a problem in that my bank didn't have a field to put the transfer description code so I have emailed seedrs support. Hopefully they'll sort this out tomorrow morning. Will call them if not.

  • ^ I had this issue, they said:

    Jeff Lynn, Nov 19 17:25 (GMT): Hi Tim,
    You can go ahead and make the transfer as is. As long as the account has your surname on it, we'll find it.
    Kind regards,
    Jeff Lynn

    But I guess it might take longer to find that way - luckily I have another account I can use

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Crowdfunding the creation of the next version of LFGSS

Posted by Avatar for Velocio @Velocio

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