This is a fund raising ploy by H$U$.

(If you did want to go ahead and make a donation… you can do that here… http://www.biggerpockets.com/donate.html I am the official unofficial fundraiser… LOL)

I manage a syndication business and getting intrigue and kind of interested about exploring fund raising through these platforms.

Once we figure out how to identify people in need and ensure the fact that they would be truly "free and clear" after the forgiveness, the people at RIP Medical Debt were very forthcoming about lending assistance to fundraising ideas/methods to help finance the note purchases.I'd say you pretty much nailed one of my chief concerns.  

I had never heard of that before and thought it was an interesting "outside the box" concept.I also did sort of a fundraiser/contest once where I offered my web development skills (a free website) as a prize for entry.  

Crypto currency and ICOs have totally disrupted fundraising as we know it. 

Does get weird though, I was once at a fancy fund raiser deal and some attorneys I knew from high school were trying to convince me to go back to school to become a lawyer like them.

I agree that that is a red flag and I agree with your statement on fund raising. 

You would also need to have your books audited by an independent public accountant, and file a form D with the SEC electronically. 504 Reg D would be semi easier, but also a lower fundraising ceiling.Basically, in the SECs view, if you are a business entity (LLC, LP, C Corp, S Corp, etc) and you want to raise money by selling securities, even if it is only to 1 person, then you need to either register or operate under one of the registration exemptions.Good news is that would be worst case in terms of set up, and you would only need to do that if you were talking about more than a few investors, or if you wanted to grow the company by soliciting additional investments after the company was formed. 

Examples of connectors are fundraisers, lobbyists, restauranteurs, recruiters, and others.