Dear group,

There is a new funding opportunity based in Sydney.

There is a new group who are currently actively looking for new
investments.

A formal 'beauty parade' aka pitch will happen mid-November but I can
not tell you 'officially' who they are.

The group has about some serious private money and any investment will
be in the $100-250K range.

Anyone who thinks they have an 'investor ready' project should contact
me off-line.

But as we all know that there is a huge difference asking for money
and receiving funding.

1. You must have a business plan.
2. IP helps
3. Revenue and hopefully even profits (or at least a reasonable path
to profitability)
4. A decent board and management (or at least advisors)
5. Exit strategy within 3-5 yrs (saying Google will buy us does not
count!!)

If anyone wants to talk I will be at Opencoffee tomorrow or just call
me over the next week.

BTW, I will be hosting a Opencoffee / Silicon Beach Sailing day next
weekend. Sailing, Sea Food and Beer. Possibly not in that order.



Richard
0414 618 425


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