Metatron Inc (MRNJ)

[colectinmrnj]

Had the bottom had not dropped out of the economy, and with the aversion to any risk that has gripped the financial community, I believe we would have had plenty of financing.

The following is from a Forbes article.

Most VCs like to invest in ventures after the potential has been proven and the risk reduced. In the first quarter of 2012, only three percent of VC funding went to start-ups. So about 97 percent goes to ventures on a post-startup basis, and the number of ventures funded increases to about 3,000-3,500. In addition, by building your venture to a level where your potential is evident, you are more likely to attract many VC funds to show an interest in you.

Now the other side from the same article.

But what are your odds of getting VC at a later stage? The average age of a venture at VC funding was about four years. If you assume that the range was about 0-8 years, this means that there are about 4,800,000 ventures started in the eight year period. So the probability that you will get VC funding at a later date is about 0.0.00068 (3,250/4,800,000), which means that 99.93 percent of you will never get VC.