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Entrepreneur - New Business
Looking for capital to acquire existing assets.
Posted by:
Nigel Spratling
on 5/24/2010 10:23:02 AM
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Funding Needed
:
Above $1mil
Category:
Media / Communication & Networking
Website :
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Location :
USA
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Description:
The management and development team of a high tech media electronics company that was recently put into liquidation is seeking funding to start new operations and acquire valuable assets.
These assets include ready to market product that our team designed, that has a current sales pipeline of over $2M and an installed customer base worldwide.
An investment of $1.5M is required and will provide a 30% return in 24 months.
This is not a startup in so far as over $4M has already been invested in product development and it is now market ready.
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