Well at least according to the article there is a sort of disclaimer as to the risk for investors:

“The initial stock offering, to its credit, makes it clear that local investors stand to lose all of the $10 million they’re being asked to invest. The document explains that HERR can’t guarantee that it will get the required financing, permits and approvals “in a timely manner or at all.”

Later it adds, in all caps:

THERE IS NO MARKET FOR THE COMPANY’S SECURITIES. NO INVESTMENT IN THE CLASS A UNITS SHOULD BE MADE BY ANY PERSON NOT FINANCIALLY ABLE TO LOSE THE ENTIRE AMOUNT OF SUCH INVESTMENT.

The red flags keep coming. “Neither the Company [HERR] nor the Manager [Bertain] has any operating history or has been involved with infrastructure projects like [this one] or investments like [this one].”

Furthermore, the Company “is not registered, and does not intend to register, as” an investment company because if it did the Company “would become subject to substantial regulation.””