Crowdfunding the creation of the next version of LFGSS

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  • Xander's a media guru can't you get him to knock up a VT at norfs tonight?

  • feck... no news on my funds into my Seedrs account....

    Come on!!

  • Xander's a media guru can't you get him to knock up a VT at norfs tonight?

    Vodka & Tonic?

  • Xander's a media guru can't you get him to knock up a VT at norfs tonight?

    The video needs to be as checkable and well-based as the proposal itself. Introducing alcohol and a compass beer is a sure way to ensure we'd have to make it again.

  • are you saying we need to do a grand slam just so we can make sure it's done right?

  • never mind - cash in accouunt

  • mines still pending :(

    pokes seedrs with a poin-ted stick

  • I've clearly missed the boat on this, bah!
    Was out at polo when the first email came through and only just opened it now...

  • If we transfer cash into Seedrs ahead of seeing the proposal, then decide we don't want to fund it (as the decision is meant to be based on the proposal), can we transfer the money back out of Seedrs? Or would it then have to be invested in something else?

  • Get yourself involved anyway. You can easily withdraw the money if you're not successful.

  • If we transfer cash into Seedrs ahead of seeing the proposal, then decide we don't want to fund it (as the decision is meant to be based on the proposal), can we transfer the money back out of Seedrs? Or would it then have to be invested in something else?
    you can transfer it back i think...

  • The balance listed next to "Available funds" can be withdrawn at any time.

    Sorry, I keep asking questions then finding the answer myself. Came to this very late...

  • ^ what he said

  • I've clearly missed the boat on this, bah!
    Was out at polo when the first email came through and only just opened it now...

    People are still able to sign up to Seedrs.com and complete the process in time to invest.

    I won't be saying that mid-day tomorrow (Wednesday), but right now there's nothing to stop you from being an investor.

    I also imagine that some % of people were unable to get registered on Seedrs, and that some % of people changed their mind. So there will be a good chance of being an investor if you wanted to be one, my banging the drum is simply to help ensure that if you really wanted to be one that you definitely don't miss that boat.

  • Cool... I think I've just signed up to Seedrs... :)

  • Allocate your pie and mash and wait...

  • Do you have any idea how much in £'s a 1% investment is going to cost? There seems to be a lack of info for me, or I've just missed it all.

    TIA

  • ^valid quesiton

  • £50,000 for 10% so 1% of the current equity would cost you £5000

  • danb has a calculator at hand and is correct.

  • though this would be subject to dilution if and when microcosm receive further funding

  • haha - hardly calculator worthy :)

  • realisation that ChainBreaker fund wont have much in it then

    :-(

  • So, the business is valued at half a million?

    What percentage of equity is for sale?

  • ? you have just done the maths in order to work out the valuation of the business...

    10% is being offered for sale - ie £50k, as the business has been nominally valued at £500k

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Crowdfunding the creation of the next version of LFGSS

Posted by Avatar for Velocio @Velocio

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