$TPAC I would expect a reasonable amount of short
Post# of 22940
I would like to see both issues addressed by Bill as well. I don't think anyone needs for the funding to be completed by tomorrow(though, it would be nice), I do think it would be great to hear something along the lines of "Funding terms are being finalized. Reasonable time frame until completion: Middle of June."
Even more than an update on financing, I would like to see where we stand in terms of projections for meeting first year's rev targets. I would be happy to see half of the 4M projected, though seeing the target hit or surpassed would be better. While we may only be sitting in the 6-figure range as of today, expansion is not always a linear progression. For a sloppy example, a business owner might open a pizza shop. The first 3 months, almost no one knows the name, the taste, the location, or the product. They may do three grand in business a week. Once word spreads, advertisements go out, people see the vehicles around town, etc., they might jump to doing ten grand a week as the next 3 months progress, rather than just a linear progression, which would put the shop at six grand a week for the second three months, rather than jumping to ten. While bearings aren't pizza, business is business, and startups are startups; the model of growth may work in a similar manner.