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<DIV><FONT face=Arial size=2>Perhaps I need to clarify a little I am
registered and have been set up this way for years now, but I don't
plan on any investors or loans etc. <FONT face="Times New Roman" size=3>What I'm
trying to figure out is if it is legal for me to ask for funding to get a
particular project started? I know that non profits ask people for financial
support, but is that allowed for a company? Am I allowed to get what amounts to
donations or raise funds to develop a particular project that will later go
to sale (if it has a theme that is supported by the funders?). I am not actually
hired by anyone. And I am not asking for investors. Can I get support for a
project? I really need some help trying to figure this out! Thank you, Gina
</FONT><BR></FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV>Gina "Nanogirl" Miller<BR>Nanotechnology Industries<BR><A
href="http://www.nanoindustries.com">http://www.nanoindustries.com</A><BR>Personal:
<A href="http://www.nanogirl.com">http://www.nanogirl.com</A><BR>Animation Blog:
<A
href="http://maxanimation.blogspot.com/">http://maxanimation.blogspot.com/</A><BR>Craft
blog: <A
href="http://nanogirlblog.blogspot.com/">http://nanogirlblog.blogspot.com/</A><BR>Foresight
Senior Associate <A
href="http://www.foresight.org">http://www.foresight.org</A><BR>Nanotechnology
Advisor Extropy Institute <A
href="http://www.extropy.org">http://www.extropy.org</A><BR>Email: <A
href="mailto:nanogirl@halcyon.com">nanogirl@halcyon.com</A><BR>"Nanotechnology:
Solutions for the future."</DIV>
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<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A title=sti@pooq.com href="mailto:sti@pooq.com">Stirling Westrup</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
title=extropy-chat@lists.extropy.org
href="mailto:extropy-chat@lists.extropy.org">ExI chat list</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Saturday, May 12, 2007 6:01
PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [ExI] Important question -
need your advice</DIV>
<DIV><BR></DIV>-----BEGIN PGP SIGNED MESSAGE-----<BR>Hash: SHA1<BR><BR>Gina
Miller wrote:<BR>> Hello everyone, I have some questions that I thought
some of you might be able to answer. Okay if I am set up as a company (that
can't change either), and I am beginning a project that I will need money to
create, (but hopefully later will make sales) what are my legal ways of
obtaining money to get the project started. Is it legal to get funding from
individuals and other groups if I am a company, or is that only for non
profits? Do you guys know what my options are or how I can go about getting
money to start a project that is under a registered company? I am not being
'hired' but the content of my project may be of interest to people, companies,
and non profits that are close to me. That's why I had been thinking I could
ask, but I don't know if as a company that is possible, is there a way? Any
advice and information would be greatly appreciated. <BR>> <BR>My
experiences are Canadian, so your laws may well differ. When I (and a
few<BR>others) started up Strategy First many years ago, we went to everyone
we could<BR>think of that might be interested and asked them to invest some
minor amount<BR>($25 - $1000, basically whatever we thought we could get).
Since we weren't<BR>even incorporated yet, just registered, we wrote receipts
that said it was a<BR>loan to the company. We used that money to pay for phone
calls and<BR>correspondence with bigger investors. (This wasn't my department,
so I'm a bit<BR>vague on how we did it.) When we had secured sufficient money,
we hired a<BR>lawyer that set up a share system, and then we offered all our
creditors the<BR>option of being repaid in shares. Since they had been told
this was the plan<BR>when first approached, they all agreed.<BR><BR>-----BEGIN
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