Results 1 to 13 of 13
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09-12-2013, 11:50 AM #1
Finding/dealing with investors SUCKS!
End of story!!!!!!!!!!!!!!!!!!
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09-12-2013, 02:40 PM #2
Go on shark tank!!
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09-12-2013, 03:13 PM #3
^ Fake show.
~ PLEASE DO NOT ASK FOR SOURCE CHECKS ~
"It's human nature in a 'more is better' society full of a younger generation that expects instant gratification, then complain when they don't get it. The problem will get far worse before it gets better". ~ kelkel
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09-12-2013, 05:00 PM #4
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09-12-2013, 05:11 PM #5
Me too. entertaining. They do get some money, but not the deals they're making. The show pays them for being on, even if they "lose" the deal.
~ PLEASE DO NOT ASK FOR SOURCE CHECKS ~
"It's human nature in a 'more is better' society full of a younger generation that expects instant gratification, then complain when they don't get it. The problem will get far worse before it gets better". ~ kelkel
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09-12-2013, 08:29 PM #6
I agree Lunk it would suck!
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09-12-2013, 08:38 PM #7
If it was easy, more people would have their businesses funded. I've dealt with them for four years. They are a unique bunch of people to say the least.
Last edited by MuscleInk; 09-12-2013 at 08:40 PM.
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09-12-2013, 09:36 PM #8
really?? 1 attorney, and 2-3 stock brokers and i've raised 24 million... issue is 1/2 that can go to the money guys, and you do need to have something, you can only burn those bridges 1x...
I was the tech guy doing the demo/shows for them, my share 325,000 founders shares.. if i had only known about restricted vs un restricted stocks i'd be a very rich man now.... they went to $27 share on an IPO... by the time i could sell mine, it was $1 share...
true story..The answer to your every question
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09-12-2013, 09:40 PM #9~ PLEASE DO NOT ASK FOR SOURCE CHECKS ~
"It's human nature in a 'more is better' society full of a younger generation that expects instant gratification, then complain when they don't get it. The problem will get far worse before it gets better". ~ kelkel
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09-12-2013, 09:54 PM #10
I currently have three "projects" going. On one we are searching for investors and it SUCKS. everyone is so receptive and excited, then they fizzle out. Very discouraging. On a second project I am working with a design firm to make me all the necessary sell sheets, 3d drawings etc to license the product. Then the third I am running myself. I am not sure if you are trying to bring a new product to market but if I can be of any help PM me man. I've been working tirelessly at it for couple years. Good luck
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09-12-2013, 10:08 PM #11
325k does not last that long... the stock is currently trading for .34 per share, and they have annual sales of $22 million... so much stock has been issued it's almost impossible for them to be bought out.. sad really...
licensing... hmmmm everyone has heard of facial recognition software right?? in 1997 the man who wrote the algorithm was the genius behind the magic, and he could take a pic (even back then) search 1 million facial images, you could be wearing sunglasses and a ball cap 300 meters in a parking lot and within 12=15 seconds it would identify you...
guess what.... it's still the best they have, it's faster and better now.. camera's, computers, and the algorithm is better even than today, works on finger prints, iris, ear, face...
He passed away in 2001 of a massive heart attack, never seeing his dream completed.. sucks, that man could party for sure, actually he was a great guy..
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09-12-2013, 10:11 PM #12
Wow very interesting and also very sad. I hope his family is being compensated for his work. Bummer the curve balls life can throw at you.
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09-12-2013, 10:56 PM #13Originally Posted by spywizard
I know where Lunk's frustration stems from - we are playing "investor games" right now and it's aggravating. Investors generally see things in black and white - they are bean counters (no offense) and if the numbers don't align exactly, they get squeamish. I've been chasing after investors for four years on a project and now on two other projects. It gets annoying most times.
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