Although crowdfunding platforms such as Kickstarter or Indiegogo can appeal to a very broad audience, I realize that this invention will not be successful on these platforms, as learned from experience in 2016, as it is not an everyday product such as a clock, a printer or bike is.
First and foremost, LPP power plants are environmentally friendly and continuously generate electricity without pollutants without using and wasting valuable non-renewable resources.
Although these platforms also advertise energy-efficient and eco-friendly products ranging in price range up to perhaps 1500 euros, the product “LPP power plant” in itself is very complex and difficult to grasp and will, depending on the capacity, already at the lowest level as 3.50 KW power plant as a finished product cost many times more. That’s why it’s difficult to explain why my campaign’s first-stage financing target of 1 million euros was set for my power plant campaign, and another 6.25 million euros will be needed for the second financing phase. Most of the funds are devoured from development to final product.
The financing still required (6 stationary power plant modules from 3.50 to 30 KW) for the further development to the finished end product amounts to still 2.8 million euro and the advancement of the same power plants to mobile modules of the phase 2 needs again approximately 1.7 million euro what amounting to about 4.5 million euros.
With a portion of the profits from these small power plants, which are particularly interesting for the house construction, farmers, small businesses and civil protection, the foundation stone for the research & development to larger power plants of a few megawatts should be laid without becoming dependent on bank or other types of financing. In the short term, these power plants could be used as single or multiple modules combined, for example in shipping or as charging stations for electric vehicles.
Therefore, for me, the top priority is to establish the 1st and 2nd phase power plant modules as quickly as possible in the global market, thereby financing the development of large power plant modules of more than 10 megawatts.
We can only know where the physical limits for larger LPP Global power plants can be set after intensive research and development work, but purely mathematically, a 60 megawatt module could be possible.
I believe that not only I and the rest of the team, but also every single donor, ie shareholders, who invest with their Shares in LPP Global should be rewarded not only with discounts and savings on their borrowed capital, but also benefit accordingly from the future success and profit of this start-up
I pass the ball on to you to decide whether it pays to invest in the further development of this power plant or to make my idea disappear as a dream in the drawer. If you have doubts about what is right and what is wrong, ask your friend or circle of friends for their opinion.