That’s just a pessimistic number I plugged in there. We are self-funding first, then we are bank funding with collateral, then we are debt funded from angel/private investors.
Last thing we would do is equity funding, but it would have to be in the millions for that. I don’t touch VC funding. My company isn’t structured that way right now. From: Af [mailto:af-boun...@afmug.com] On Behalf Of Kurt Fankhauser Sent: Monday, February 09, 2015 8:23 PM To: af@afmug.com Subject: Re: [AFMUG] Fiber Buildout Forum Sterling, Are you paying 12% interest to investors on a 5 year note for these builds? Where are you finding these investors to fund the neighborhood builds? Kurt Fankhauser Wavelinc Communications P.O. Box 126 Bucyrus, OH 44820 http://www.wavelinc.com<http://www.wavelinc.com/> tel. 419-562-6405 fax. 419-617-0110 On Mon, Feb 9, 2015 at 1:15 PM, Sterling Jacobson <sterl...@avative.net<mailto:sterl...@avative.net>> wrote: I like Gino said, I have two partner companies that do all of our builds at cost and bill back their own company so to speak. The construction is not trivial. It’s very equipment and labor intensive, I would never dream of trying to do it myself. From: Af [mailto:af-boun...@afmug.com<mailto:af-boun...@afmug.com>] On Behalf Of Bill Prince Sent: Monday, February 09, 2015 7:20 AM To: af@afmug.com<mailto:af@afmug.com> Subject: Re: [AFMUG] Fiber Buildout Forum I'm sure he will answer, but I think he's hiring contractors where needed, but he's also hands on. bp <part15sbs{at}gmail{dot}com> On 2/9/2015 6:15 AM, Kurt Fankhauser wrote: Is sterling doing his builds with sub contractors instead of doing the work himself? Sent from my iPhone Kurt Fankhauser Wavelinc Communications P.O. Box 126 Bucyrus, OH 44820 http://www.wavelinc.com tel. 419-562-6405<tel:419-562-6405> fax. 419-617-0110<tel:419-617-0110> On Feb 9, 2015, at 7:40 AM, Paul McCall <pa...@pdmnet.net<mailto:pa...@pdmnet.net>> wrote: Hmmm… it shouldn’t block PDFs. Resending Sterling’s PDF as a test Paul From: Af [mailto:af-boun...@afmug.com] On Behalf Of Chuck McCown Sent: Sunday, February 08, 2015 2:41 PM To: af@afmug.com<mailto:af@afmug.com> Subject: Re: [AFMUG] Fiber Buildout Forum I have had pdfs blocked before. From: Paul McCall<mailto:pa...@pdmnet.net> Sent: Sunday, February 08, 2015 7:05 AM To: af@afmug.com<mailto:af@afmug.com> Subject: Re: [AFMUG] Fiber Buildout Forum Chuck, Are you attaching a power point file or PDF? I know pdf is allowed From: Af [mailto:af-boun...@afmug.com] On Behalf Of Chuck Hogg Sent: Saturday, February 07, 2015 7:51 PM To: af@afmug.com<mailto:af@afmug.com> Subject: Re: [AFMUG] Fiber Buildout Forum I attached it per my sent items...trying again. Regards, Chuck On Sat, Feb 7, 2015 at 3:36 PM, Chuck Hogg <ch...@shelbybb.com<mailto:ch...@shelbybb.com>> wrote: 1. Attached. 2. RB2011 or GPON ONU. Flat drop to side of the house, outdoor NID where flat drop is terminated, either a 50-75' jumper or bend insensitive fiber going into the inside of the home plugging into the electronics indoor. 3. Not using peds, handhole with splice case or TE MST. 4. Don't know, not a PC user. 5. Google Maps. Using a locator. Regards, Chuck On Fri, Feb 6, 2015 at 7:36 AM, Trevor Bough <trevorbo...@gmail.com<mailto:trevorbo...@gmail.com>> wrote: Hey guys, I really enjoyed the fiber build out forum and have come up with a few questions since lunch yesterday: 1. Would you be able to make those power points available to the list? 2. What all equipment do you actually have at the house? Are you running the fiber up to the house and then making it the customers responsibility from there? Or are you running some interior Ethernet cable for people? 3. Could I get a rough list of what is actually going in the neighborhood peds? 4. Are you still able to use Powercode (or whatever you are using for your wireless customers) for your billing/monitoring/rates? Or did you have to get a secondary system to handle the fiber customers? 5. How are you keeping track of where your underground facilities are for years down the road? Are you using GPS coordinates at endpoints and service connections, measurements off of cross streets, or just planning to be able to use a locator to find it? <AFSterling.pdf>