A plan that could work based on contingencies:
I suspect will be no PR until they figure out what their next move will be. They might even just let us know what they are trying to do but as they will probably not I will take a stab at it and make some recommendations to them just in case they are listening (AND I KNOW THEY ARE).
Assuming the $60 mill is for a production facility IAHL must:
Convince the "high net worth" source of capital that
1) IAHL has something to offer that brings value to the deal
2) IAHL has a plan that brings a high level of certainty that
they can live up to the terms of the deal
Simply put, if they are not investing to get interest on their capital but to gain from operations of the facility then what do they need IAHL for?
The pitch from IAHL must be the Integrity, but to make a compelling case for this they would have to:
1) Prove that they have the rights to build it.
2) Prove that it can fly, show wind tunnel test results,
engineering documentation, etc, etc.
3) Show how they plan to change the rules that prevent any
aircraft seating more than 12 to be certified.
4) Show in detail the estimated costs and time table for
the certification process.
5) Prove that this aircraft is actually cost effective and that
there would be demand for it.
Of course there would be many other requirements but it would be nice to see how they plan to do the above.
Prior to even approaching a finance source they MUST get some people on the Board of directors that know something about manufacturing aircraft. A good start might be enlisting some of the folks they know from Thrush and/or BN and Romaero.
The problem is that they will most likely proceed as they did in the pursuit of Thrush. That is with a BOD consisting of people with questionable backgrounds and no expertise in the manufacture of aircraft and with a poorly conceived and written business plan.
