Posts Tagged ‘new rules’

crowsfunding

“For the first time, promoters will also be able to offer a share of the profits in a project.”

This plan may implode as hucksters, shysters and other grifters seek to bilk the public with fake projects. We shall see…

Here’s How the New Crowdfunding Rules Will Change Indie Film Financing

The new rules limit the amount of individual investments to relatively small sums, but collectively, they will constitute enough of an investment to make a big difference for many start-ups. Investors with annual incomes or a net worth of less than $100,000 can contribute up to $2,000 or 5 percent of their net worth or income, whichever is greater. Wealthier investors can invest 10 percent of the lesser of their annual income or net worth in these transactions, with a cap of $100,000 over a 12-month period.