Moving Closer To Our Goal

August of 2005, we entered into a partnership with a person that claimed to be well connected in the Venture Capitol world. I was flying up and down the East Coast presenting the invention to Venture Capitalist and additionally he was doing research and trying to secure funding.

August of 2006 after receiving interest from several Venture Capitalists, we received an offer to buy our company for a minimum of 10 million dollars over a period of several years. We believed it was not to our advantage to take the offer while our partners wanted to go forward. The disagreement brought the partnership to an end.

January of 2007 Vicki, my wife, and I began a new strategy for raising capitol. We began to sell stock in the company to raise the funds we needed to get the our product to market.

To date we have one Utility Patent and three Patent Pendings. We have sold a little over 15% of the stock in our company, mortgaged our house two different times, and depleted our life savings. All of this to say, we have no other choice than to go forward. Going back is no longer an option!

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