Found an almost exact analogy...
http://en.wikipedia.org/wiki/Community_Shared_AgricultureThe way those work here is you buy a "share" in the commodities produced by the farm and each week you get your share of production. The people who buy shares don't own the farm, just it's output.
Find legal basis for those, structure LRM accordingly.
This is interesting.
Yes. That is interesting (thanks Flashman). The only concern that pops out to me is what to do if/when hardware is sold to liquidate assets. Or how about the idea I proposed before with LRM acting more as a hosting service? Both have similar attributes, however, acting as a host where LRM manages the farm at least allows for liquidated assets to be returned to actual investors.
Don't forget to answer the most obvious question, the elephant in the room: What's up with the 150TH+ of hardware that was on order?
Also, is there any change in your relationship with the hardware sources you were working on? And finally, are you committed to LRM succeeding?