http://www.assob.com.au

Not unless you want the SEC to come down on you for jumping the gun. They 
are expected to release guidelines for crowd-INVESTING as compared with 
funding post Jan-2013. If you try to raise funds in Australia, then you 
have to be careful in following the ASIC guidelines for small offerings 
(don't think being overseas escapes their purview) ... ASSOB follows them 
to a T. The EU has their Prospectus Directive. Thus it is one thing to 
offer funders a token or access to the code, but offering them a 
money-making venture is a completely different set of rules. In fact 
kickstarter recently put in place new guidelines/cap to go back to  their 
roots.

I strongly encourage SBAustralia to maintain high standards when putting 
out their business to "venture" (as compared with advance on presales) ... 
if the development community wants to gain a reputation for credible 
overseas investment, then it needs to self-discipline itself otherwise 
it'll get tarred with same brush as Nigerian scams. This may be a component 
in Eliza's self-promotion, any entity that makes the cut from SBAustralia 
to Siliconbeach.org might be a signal that it is credible to take in 
outside investment beyond the 3Fs.

Lawrence
http://www.linkedin.com/in/drllau

On Saturday, September 29, 2012 12:53:21 AM UTC+12, Dean Collins wrote:
>
> In addition when it comes to crowdinvesting there is nothing stopping an 
> Australian startup creating a Delaware based corporation and then raising 
> money to fund their development for the team based in Australia……. 
>

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