WDNG News Talk 14.50
George Noory
12a - 5a
Yellowhammer Filmmakers of NE Alabama

From Banking and Financial Services - Financial Markets

Brought to you by Signature In Home Care

Our mission is to help seniors remain independent in their homes as long as possible by offering quality, affordable care. We can also provide a helping hand with activities of daily living. Call 1-877-777-1822 or 256-831-3250

CrowdFund Securities, the First Crowdfunding Service Company, Launches Online

Wed, 21 Mar 2012 10:20:04 EST


March 21, 2012
Dallas, Texas

CrowdFund Securities www.CrowdFundSecurities.com announced today its launch of services for every individual and company seeking to join the exploding crowdfunding market.  CrowdFund Securities serves as the agent or representative to both the individuals and companies seeking funds via crowdfunding, and for those looking to invest in crowdfunding opportunities.  

David Marlett, an attorney, CPA and entrepreneur, founded CrowdFund Securities and serves as its CEO. Marlett said, "We are excited about this explosive market and the promise it holds for needed capital for hundreds of thousands of start-ups, film producers and small companies nationwide."  He added that Kickstarter and so many other crowdfunding platforms have proven staggeringly successful in the past two years, and now platforms are popping up all across the Internet.

According to Marlett, the key is the pending passage by Congress of some form of crowdfunding legislation which will legalize 'equity crowdfunding', where non-accredited investors can invest relatively small amounts in start-up enterprises, film productions, inventions, etc., take an ownership position and have an expectation of a financial return on their investment.  This is currently prohibited by SEC rules.  "They will get protections in place," said Marlett, "and we will see legalized equity crowdfunding within a month or two.  That means that companies seeking those funds should start getting their ducks in order now.  That's why we are launching now.  We want to help."

To engage in the crowdfunding market, a company or individual seeking funds must prepare the documents, build their marketing and business plan, and list their offering on a 'crowdfunding platform', and then manage the list of potentially thousands of small 'donors' or 'investors'.   Kickstarter is perhaps the most well known of these platforms (which have collectively raised over $200 Million over the past two years).  Now there are rising competitors to arts-centric Kickstarter, such as IndieGoGo and RocketHub, and several niche ones rising such as TechMoola and GrowVC.  And there are a number of charity focused platforms such as Helpers Unite.  All of these are working under the donation crowdfunding model (non-equity) where the donor doesn't receive a monetary return or an equity stake in the company or project being funded.  With the new law in the pipeline, most of these donation platforms will add equity crowdfunding to their offerings.  There are a several equity-only platforms which are waiting in the wings, anticipating the new law in order to open their doors.  These include Crowdfunder and WeFunder.  For a more complete list of crowdfunding platforms, see www.CrowdFundSecurities.com.

CrowdFund Securities is also poised to make a difference in keeping the crowdfunding market safe.  "Everyone knows, or should know, that start-ups usually lose their investor's money," said Marlett.  "That is just a fact.  But then there are the successes, and that is what is exciting for both the entrepreneurs and the investors."  The key, he noted, was to stay on a sharp watch for the hucksters."  He added that CrowdFund Securities will work closely with the crowdfund industry organization CrowdSourcing.org, and support its CAPS program for accrediting crowdfunding platforms.

CrowdFund Securities parses the confusion for start-ups, filmmakers, entrepreneurs, inventors, small business owners, tech innovators, app developers, dog walkers and everyone in between.  Regarding their fee structure, Marlett said, "We have an a-la-carte menu, some fees for services, and some contingency basis fees where we're paid from the funds raised.  We aim to be flexible.  Our goal is to grease the path... to make it as easy as possible for the entrepreneur, filmmaker, inventor, software engineer to go from idea to funding."

Source: WebWire

From Our Blogs

What Human Right Destroys So Many Children

While child abuse can be found in nearly every major religion, Rashid mentions a part of the world in which he is especially familiar – the Middle East. In Afghanistan, a 10-year-old girl was recently forced by her much older brother, a local Taliban

A True Story of Perseverance and Hope

In 1986, Cam Tribolet was on his way home from a night of drinking when, at a Ft. Wayne, Indiana, stoplight, three men tried to carjack him. During the assault, Cam was shot three times in the stomach. One bullet ripped through his aorta, another lod

Tugg Talk Guest for Friday 11 April 2014

Guest for Tugg Talk

Investigation into school prayer.

Hope each of you are having an awesome day! Many of you remember my interview with Jeremy Ty's of Liberty Institute last Friday on hour two of Pamela's Place concerning the five year old girl in a Florida school reprimanded by a faculty member for pr

Sign up for our weekly newsletter.

Our Website Sponsors

Transformation Technologies

Improve your golf scores. View our free 16 minute golf course at golf.transformationsolutions.com

Oxford Lumber

Neighborhood service and warehouse prices since 1958. We're also proud to own and operate Roanoke Ace Home Center, Talladega Ace Home Center and Jacksonville Home Center. Oxford Lumber is located at 1400 Barry Street. Call 256-831-0540

Frontera Bar & Grill

Mexican quisine at it's finest. For lunch, dinner or take out, visit Frontera Bar & Grill 1750 Hamric Dr E Oxford, AL 36203? (256) 835-9905

Signature In Home Care

Our mission is to help seniors remain independent in their homes as long as possible by offering quality, affordable care. We can also provide a helping hand with activities of daily living. Call 1-877-777-1822 or 256-831-3250

Miller Funeral Home and Crematory

For pre-planning or immediate funeral services call us at 256-831-4611 or visit www.millerfuneralhomeoxford.com.