IANAL, but I agree with her. This should not violate security rules as she's not selling you securities ;). She can easily book the donations as payment for future services in case there are other accounting issues at stake.
Good luck!!! I would LOVE to have access to the product as described in your post. FeedBurner and the like confuse the hell out of a small time blogger such as myself ;).
This should not violate security rules as she's not selling you securities ;).
This clause might be a problem:
the top 100 donations will receive a lifetime premium membership.
If I donate X amount of money, I do not know if I will receive the lifetime membership. I could ultimately be outbid; or I might ultimately not be outbid. It is a game of chance; and unlike in the case of an auction, I pay whether I win or lose. That might make this an unlicenced gambling enterprise.
IANAL, but I would guess that if you are going to offer for sale specified products or services, you need to guarantee that paying customers will receive those specified products or services.
Good luck!!! I would LOVE to have access to the product as described in your post. FeedBurner and the like confuse the hell out of a small time blogger such as myself ;).