Monday, June 8, 2009

Yet Another Watchmaker Update...

Ok, I can't mention the company, however, we have someone willing to invest the entire amount, however, they want the fund backed up by an identical amount. So, I guess what we need now, is someone willing to put up $5M that they don't need to use for awhile, as it would seem we'd be greenlit if this were to take place.

It's confusing, having to raise $10M for a $5M picture, but there it is....

Maybe one of you has a lead, or an idea of why this is, and they can explain it to me. The comments as always, are open :)

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