Wednesday, December 06, 2017 1:07:34 PM
The majority if not all of the original investors are still invested.
RB investments, Reno angel group, and The Propell group are still invested.
Most interesting is that the propell group likes to invest in companies that could be disruptive technology.
The angel group has a target of $100 million potential market to qualify for their capital outlay.
El Camino has closed the IT bra enrollment, and OSCCC is still open for enrollment.
Indications are that the IT Bra has shown 82% or better efficacy.
All The above I do know
So have they or have they not filed for FDA approval, they had mentioned in the past
That FDA submittal would occur simultaneously ?
How soon will they make any kind of press release ?
Will they sell the company or look for further large VC investor ?
These things I don't know
One last thing I forgot to mention is that one of several criteria other than $100 Mill mkt opportunity was that the Reno angel groups investment with any company had to have a clear exit strategy, which was that
The start up company had to be sold or significant investment by a VC, in other words they wanted their share of the pie immediately.
All of the information above took several hours of investigating online.
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