Why on all fucking earth would you go with BTER!? Since they are so well regarded in the NXT community... 

The behavior of BTER  with NXT community after its hack issue was almost perfect.

Nobody lost a single NXTcoin (except from BTER obviosuly)

+1

the way they handled the situation was very good and saved them and the money from Nxt holders.

 time zone converter
http://www.worldtimebuddy.com/

So his point is, to eliminate legal issues under US law, it must be a crowd sale of tokens redeemable for consumable products or not redeemable for anything as a donation as a safest bet. This makes them different from tokens that offer financial returns, which would be considered securities/equity and which would be highly regulated. It's all about wording

I am in the UK, its 10:37 GMT

You are in the UK but it's 10:37 GMT+1.

It is 09:37 GMT in UK as well as in Lagos :-)

It says it in the OP, there is no cap.

Awesome stuff.  I have been into crypto equity for a while and love the concept, only on counterparty at the moment though.  I grabbed some SWARM and met the team a few times.  I also have some Storj, tatiannacoin and even some SOYBEANS mentioned in the vid.  

Crowdfunding using Vennd and counterparty is a smooth experience but the BTC trade fees and difficulty executing BTC trades on counterparty is a nightmare at the moment, orders never match for me in BTC.

I am currently working on a crypto coffee vending machine project for BlackCoin and am toying with the idea of creating a token and paying back dividends in BTC for every coffee bought in BlackCoin to the people that hold the tokens.  Not a serious investment for them but an interesting fun cryptoequity slash cryptocurrency slash vending machine experiment that might help to raise the funds to build even more.

Once BlackBean is operational I will have a bash at creating a machine that can accept multiple coins or maybe even a dedicated BitcoinDark accepting condom machine.