Thursday, December 13, 2012

Their OFF! Crowdfunding Business The Royal Way Is Out of the Gate

The small business community has been being teased for a few years now with the prospects of crowdfunding. It just left the gate.

Crowdfunding for Raising Capital Is Out of the Gate!


The passing of the JOBS Act in April sprouted 8,000+ websites. Unfortunately, they are like a horse waiting to get out of the gate and nobody is ready to press the button. Nobody is even near pressing the button.

Until NOW! — And they're OFF!

Lending Clouds, Inc., a Richmond, VA based online Crowdfunding website is up and operational and it is perfectly legal too. Unlike equity funding which the SEC considers to be a security that must be registered, royalty-based agreements like the one offered by Lending Clouds is total exempt from being a security.

The concept is as old as gas and oil when the SEC exempted their royalty agreements in the 30's.

Check out LendingClouds if you are a business or check out InvestingClouds if you are an investor.


Contact: Barry Rickert, CEO
barry@lendingclouds.com

For more information about Lending Clouds: Lending Clouds Press Release


Sunday, December 2, 2012

SEC Chief Schapiro Delayed Rule (JOBS Act; Crowdfunding) Over Legacy Concerns

Every once and a while, something is brought to our attension that "unfortunately" reminds us just how far some officials in our government, are willing to sacrifice what is in the best interest of the people, in order to protect their own self-interest. Here is a shameful reminder of that kind of behavior.

According to various articles, such as this one from The Wall Street Journal (http://online.wsj.com/article/SB10001424127887324205404578153693968634504.html), these officials are willing to go to extremes which affect millions of people, in order to protect their own self-interest.

From the article:

"In one of her last acts as chairman of the Securities and Exchange Commission, Mary Schapiro delayed a rule potentially affecting hundreds of billions of dollars of private offerings by companies, in part because of concerns about her personal legacy, according to previously unpublished documents.

Internal SEC emails, released to a congressional panel and reviewed by The Wall Street Journal, appear to show how a last-minute intervention by a consumer lobbyist might have helped persuade Ms. Schapiro to change her mind and delay one of the centerpiece measures of the Jumpstart Our Business Startups, or JOBS, Act."
Please see the link above for additional details

Saturday, December 1, 2012

Universal Media Consultants Launches New Equity Crowdfunding News Aggregation Website


http://www.equitycrowdfundingdaily.com
While government bureaucracy and lack of motivation at the Securities and Exchange Commission continue to hold the brakes on equity crowdfunding, Philip Cardwell and Universal Media Consultants are keeping the public up to date by providing a new website that automatically aggregates and updates with news from multiple sources around world.

Universal Media Consultants has launched a new crowdfunding website designed as a one-stop source for keeping individuals and investors up to date on all of the latest news and resources surrounding equity crowdfunding. While still a work in progress, Equitycrowdfundingdaily.com provides live feeds from sources such as LinkedIn Groups, Google News, iCurrent, Alltop and various other RSS web feeds.


The website is designed to provide users several benefits:

1) All of the necessary information needed to become an expert on the subject of equity crowdfunding. 

2) Access to the resources needed to properly perform an equity crowdfunding capital raise. 

3) Access and introductions to the individuals who have tirelessly worked with various political committees and politicians in Washington to lay the groundwork for equity crowdfunding. 

4) The ability to submit and receive a prompt response from the experts, to any questions concerning equity crowdfunding.


equitycrowdfundingdaily.com
Crowdfunding is rapidly evolving. In just a few years the industry has gone from completely philanthropic roots towards an equity crowdfunding or investment crowdfunding model. On April 5, 2012, President Obama signed into law the Jumpstart Our Business Startups Act (the JOBS Act), which among other things allows small businesses to raise up to $ 1 million per year from small investors through online crowd funding portals.  The JOBS Act requires the Securities and Exchange Commission to implement rules to govern equity crowdfunding before such investing can take place. The statute set a deadline for the end of 2012 for the rules. However; typical government bureaucracy and the recently announced departure of Mary Schapiro, chair of the Securities and Exchange Commission charged with drafting the new regulatory framework for crowdfunding, have lead many experts to believe that crowdfunding for equity won't be ready till Q4 2013 at the earliest and that implementation will be closer to Q1 2014.

Many experts believe that crowdfunding for equity won't be ready till Q4 2013 at the earliest and that implementation will be closer to Q1 2014. Equity crowdfunding platforms such as EarlyShares.com have been patiently waiting for months to learn how regulations will affect their business. EarlyShares CEO Maurice Lopes has advocated for the formation of an LLC-type structuring of the crowdfund asset class in the past – one way to overcome the contentious issue of ownership structure. Others such as Ruth Hedges, creator of CrowdFundingRoadmap.com and who is committed to building a pipeline of 1 million crowdfund compliant small businesses, continue to educate and prepare the public by establishing such events as the recently concluded Crowdfunding Bootcamp in Las Vegas.

However, not every entrepreneur is waiting on the Securities and Exchange Commission to finalize the rules on equity-based crowdfunding and that has prompted the need for a website like equity crowdfunding daily. Barry Rickert, Founder and President of Lendingclouds.com and a 40-year veteran of private equity investing, has launched a royalty-based, crowdfunding investment club web portal that is a marketplace for the mutual benefit of small businesses and investors. LendingClouds.com is believed to be the first Crowdfunding website that is actually doing business legally.

As entrepreneurs in the U.S. continue to wait on guidance, Equitycrowdfundingdaily.com will continue to provide all of the Crowd Funding Website information, news and resources needed to make informed choices for small business capital funding needs and the proper crowdfunding websites for investment goals. The website’s creator also anticipates a strong working relationship with the newly formed corporation, Equity Crowdfunding Services LLC, in the near future.