PPRuNe Forums - View Single Post - New Startup Airline Seeks Funds By Crowd Sourcing
Old 24th May 2021, 03:44
  #78 (permalink)  
Max Tow
 
Join Date: Dec 2000
Location: Downunder
Posts: 431
Received 11 Likes on 3 Posts
From Q & A:

"If I make a contribution to brad will I receive any shares or securities in the company?"
"No You are not entitled to any shares or securities in brad. You are only entitled to your FREE future Golden Ticket rewards".


Could this be interpreted as telling those paying in that they're not investors or lenders, they are just members of the public buying rights to tickets. Joking apart, is that in effect selling tickets, and if so, is it actually legal for a would-be operator with (presumably) no licences?
Max Tow is offline