LPP is a privately-held "C" corporation, incorporated in NJ in 2003. Prior to that, it was founded in Lawrenceville, NJ in 1974 by Eric Lerner.
Australian Patent 2007314648, Issued November 2011
Chinese patent, 200780007065.7 issued December, 2012
Still pending in EU, Canada, India.
See our About Us page.
Since conducting initial experiments with $300K from NASA's Jet Propulsion Laboratory, LPP has raised over $2M from nearly 40 private investors from around the world, and institutional investment from the Abell Foundation of Baltimore, MD. Accredited US and/or foreign investors can purchase Class B, non-voting shares.
We have successfully closed two previous equity rounds. Our current round will fund the upgrades to our device and allow us to develop our spin-off technologies for the market.
Investments in LPP can be made by foreign and accredited US investors (e.g. investors with net worth in excess of $1M, or income exceeding $200K), as defined in Rule 501(a) of Regulation D promulgated under the Securities Act of 1933, to purchase shares of Class B nonvoting stock of the Corporation (the “Offering”) to finance ongoing experimental efforts. Sales of shares pursuant to the Offering will only be made to foreign and accredited US investors.
The securities in this Offering have not been registered with or approved by any state securities agency or the US Securities and Exchange Commission and are being offered and sold pursuant to an exemption from registration. No money or other consideration is being solicited or will be accepted by way of this announcement.
If you are an accredited investor and would like additional information regarding this Offering, please contact Bob Fitzgerald or Eric Lerner at 128 Lincoln Blvd., Middlesex, NJ 08846-1022, or call 732-356-5900.
LPP Advisory to investors and potential investors
Based on extensive discussions and a vote of the Board of Advisors, and with the agreement of LPP President Eric Lerner, LPP, Inc. issues the following advisory to investors and potential investors on future changes in LPP share valuation.
As soon as our experiments with FF-1 achieve 1 joule of fusion energy output, LPP will immediately end the current share offering at $100/share and will issue a new offering at $150/share. As soon as FF-1 achieves 10 joules of fusion energy output, LPP will immediately end the existing share offering and issue a new offering at $200/share.
This increase in valuation is in line with our past share price increases when FF-1 produced good initial results after construction and also when it produced record temperature levels. As progress continues toward our goal of net energy output, the higher valuations will reflect the risk/reward level at that time.
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Disclaimer: This web page is not intended to be an offer of securities to the residents of any state, nor is it an offer otherwise specifically directed to any person in any state by, or on behalf of, Lawrenceville Plasma Physics, Inc. Any forward-looking statements are based on the beliefs of LPP's management and reflect current expectations at the time the statements are made with respect to future events based on information available at that time, and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated in those forward-looking statements.