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LPPFusion’s new Wefunder crowdfunding capital campaign got off to a roaring start with over $300,000 raised in the first month from 375 investors. Investors came from 19 countries: Australia, Austria, Bosnia And Herzegovina, Canada, Chile, Finland, France, Germany, India, Netherlands, Norway, Philippines, Poland, Saudi Arabia, Singapore, Spain, Switzerland, United Kingdom and the United States.
We have already passed the minimum $200,000 goal that allows us to collect money from Wefunder to fund our ongoing research. Our next target is $500,000, but we are just beginning. The expanded campaign, which will run at least through 2021, had been made possible by changes in SEC rules that allow unlimited number of non-accredited investors to invest in crowdfunding.
By the way, some of you may have noticed that mention of the Wefunder campaign was accidently removed from LPPFusion’s own website investor page. This was just a technical glitch, which has been fixed. The campaign is on and will continue!
We have also been asked by several investors about future share price increases in the event of new progress in our experiments. We can’t give specific guidance on this, but our Board of Advisors is in agreement that there will be such increases as our results improve. The Board will decide when and how much as events develop. In the event of a price increase, the Wefunder campaign will briefly close, but will re-start swiftly with a new price. If you have not yet done so, please visit our Wefunder campaign and watch our new video. If you have visited, please tell others about us. And if you have invested—thank you!