Quote from: shadallion on May 12, 2014, 03:27:47 AM

Interesting concept.

Sounds like you're looking for a small pool of individual investors looking to make absolutely enormous bitcoin investments on an individual basis.

Have you considered issuing a bitcoin security based on a large group-investment, where many, many people can invest smaller amounts and then earn dividends/increased share price in return?

Bitcoin investors are not our only target, or even our main target. We are pursuing all options at this point and having been clued into the Bitcoin industry over several years by a deeply involved friend of mine, I saw it as a space where investors of both Bitcoin and fiat currency would congregate.

Having a main investor or small group of investors (regardless of the currency form) is our main goal, however I have begun looking into the possibility of the second option that you suggested. One of the main problems I feel like we would face would be that we could not really file for IPO, as parts of our business plan are confidential. Any advice for the right direction in this regard would be appreciated and I will continue to do research on it.

Quote from: sprucemoose on May 12, 2014, 07:34:24 AM

If this is such a fool proof investment why are you going through a forum to raise capital?

We are currently in contact with several investors in the real world as well, however since we are looking to move forward with the expansion as soon as is realistically possible we are pursuing all available options.

Quote from: bitstock on May 12, 2014, 01:04:07 PM

This an exciting things, but how to make us believe that you

How to make y'all believe that I am who I say I am? Well the first step moving forward with any potentially interested investor would be to confirm both of our identities via a video conference with government issued photo identification. This is for both of our security. After that I will send them a mutual NDA for both of us to sign, and after that the rest of the full business proposal and financials.
That would prove my actual name identity, and as far as my involvement in the festival I would be glad to message you on Facebook directly from the Lunar Massive official Facebook page as linked above, or have my partners at EDMutual or Flashpoint message you from their pages as well.
There are numerous simple ways for us to overcome this on a case by case basis.

Quote from: superbit on May 12, 2014, 05:30:07 PM

So you had 101K in refunds and settlements on 1.7 million in sales and you predict 92k in refunds and settlements on over 30 million in sales?

When is the next festival?

Do investors get a percentage of profits from each festival or just on the potential sale of the company?

Tighten up the contract, provide more identification and throw it up on a bitcoin exchange.

No, those are our predictions for the rest of 2014. We predict having more requests for refunds the first year of sales as the brand builds, and fewer requests over time as the brand gains traction. All of the numbers in the financials are made to represent our theoretical "worst case scenario".
The expenses are padded and listed as more expensive than we anticipate, and the profits are conservatively listed compared to what we anticipate. Also there is much room for growth beyond what we are safely "anticipate" should the demand be higher, which we would not be surprised if it was.
The number one selling recurring EDM event in Atlanta right now has thrown 13 events basically monthly and is on their 14th. Somewhere between 4 and 6 thousand people attend and it is thrown in a bowling alley / activities place in a pretty ghetto unsafe area. Peoples cars were broken into and some were actually stolen from the parking lot at the 7th event. There is very minimal production generally and the main stage area has basketball hoops raised up against the ceiling like a high school gymnasium. Look up Kingdom Rave.

The amount of people who would come out for an actual quality recurring event in Atlanta for almost the same ticket price will be ridiculous.

The next festival will either be on the same date this year in November or early in the spring of 2015. We are in the planning stages right now and will either begin shortly on the November festival with a smaller budget or hold off until we have our full investment and save the next festival for early 2015. Ideally we would like to secure the investment as soon as possible and begin the expansion immediately for November of this year.

The vast majority of the profits from each festival will stay in the company and be used to further its growth. If having a percentage of profit from each event is a make or break thing for an investor we may reconsider and offer other options, but for now the plan is to just offer profits at the time the company is sold.

As far as more identification, I will make a video tonight of myself and display my photo identification and post it here.
If anyone inquiring uses Facebook I will gladly message them from the official festival Facebook page as I said earlier to confirm my involvement, as well as have my partners message them from their Facebooks (which are well publicized partners of the event).

I am glad to answer and discuss legitimate questions and ideas such as these, thank you for your positive involvement so far.