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Re: Venture_Cap post# 29659

Tuesday, 10/29/2013 1:10:19 PM

Tuesday, October 29, 2013 1:10:19 PM

Post# of 37220
I think you are probably right VC. Seems Snaper has a fairly tightly defined set of terms he will accept. My guess is Prentice could not bring in the funding within those parameters. Prentice does not have a background that suggest he could creatively put together the right deal. Realistically they will need to accept some debt or some dilution. There are ways to minimize the impact of both. There are also some simple steps which maximize the possibilities and potential of funding deals. Signed contracts/purchase agreements would demonstrate that the marketing analysis is valid. Production estimates or validation from Tabco would validate the ability to fulfill the sales contracts. A financial analysis based on these elements would also be valid IF they had this documentation. They may have it. I don't know. But if they don't they are making things much more difficult.

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