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bradakus

02/22/12 11:37 PM

#182400 RE: lbdave #182399

An ability to end 504 funding will no doubt bode well for the removal of the partial chill in due course.

It had not been possible in the past to raise 7 digit financing amounts due to rolling 12-month funding limit constraints inherent in Regulation D, Rule 504 (that we have always honoured).


http://winningbrandscorporation.com/blog/2012/02/22/shareholder-question-investor-relations-market-awareness/


just_an_ant

02/22/12 11:57 PM

#182401 RE: lbdave #182399

So I see following steps

contained in early blogs posted tonight

1) have an excellent business plan and sound use-of-proceeds proposals.

2) discuss concept with select parties who have connections to accredited investors, and with accredited investors themselves. (refine/adjust/possible to met objective?)

3) Yes - select identified advisors who 'meet' the criteria

we are currently here (at this stage) it appears from blogs

4) Develop more in depth 'formal' proposal for raising of said funds through their candidates that are already known (aka..they've already 'filtered' potential doable deal because that is what they (such advisors) do in 'real business' world - this doesn't take 90 days with having done steps 1, 2 and 3 already - maybe 30 days imo)

5) As a practical matter, a great deal of due diligence is required on the other side and can take months. (could take 60 days, could take more, could take less - all depends imo to close/sign off on a deal)

---------

then recent blog for clarification (steps 4 and 5 above)

We would like financing arrangements to be ready for implementation (done deal imo) in 3 months, but this cannot be promised. Designing the specific investment suitable to the chosen participants (formal proposal imo), negotiating the final details, satisfying lengthy due diligence associated with large amounts, preparing, exchanging, amending, finalizing legals – that’s the reality.