Here is what Frank told us at the last meeting at the open house, which lasted about 1 hour and 15 min. The burn rate is 1.3 million a month. Since buying the Studio and NTI and not leasing or renting from Firestone in Dallas, which is now just the uplink for the sattelite feed, we are taking in about 300,000 a month. Soon we will use NTI for our uplink to the world. Private investors funding the rest at 12-16% interest and we are funded till 2008. Private investors will not get paid back until network is sold in 3 years at 3 billion+. Will not reveal the private investors because certain people on the message boards would hassle them. A quote as he pointed to each of us "the investors like you and you etc. will be paid first, this is a long term investment, hang in there, "We are building a Gay Television Network, not just a tv channel." Also, Frank repeated this many times that we only have $700,000 debt.
