Ace, I hear what you are saying, but the market forces today just won't find anyone handing out money for good ideas. It's a terrible climate for investment with banks holding all the cards and not loaning except to 825 credit scores with more cash on hand then sense. I bought a second home in Vegas last year and didn't need the loan (i.e. I had enough cash to pay for the home) with a credit score better than the mortgage holder. IT still took an act of congress to get the bank to loan.
It is a just a bad time for loans, let alone risk capital. IF Tivus gets beyond this hump to debt financing, and IF their product is what they say it is, this company should make it. But we are right where we should be with equity financing in the hole. As this drops, no one should be surprised, just discouraged. But that ain't going to change the facts that times are horrible and we are risking with a new company to try to make some big bucks. GLTY. R3
