It takes money to bring a product to market
posted on
Nov 11, 2016 11:34AM
It takes money to bring a product to market, especially an international market...it takes a TON of MONEY to go global.
So, I am assuming, either we have a backer, some kind of venture capital, or a partner willing to carry the load in exchange for a licensing deal... co branding of some sort. If anyone could broker a deal like that, HANDAL COULD. I certainly hope so, but I don't know. I am in uncharted territory and definitely out of my area of expertise. I am just pondering our situation as it stands. Any other thoughts on the matter would be greatly appreciated.
All I know is, according to the balance sheet for this quarter, the company has barely enough money to sell a product from a street side vendor truck backed up in an alley, much less global distrubution channels. So, either the company has made some sorta SWEET DEAL and can not talk about it, or someone is just whistling dixie. Fred, I really hope you can't whistle and you have signed a SWEET DEAL.
I did some research on the two new directors... they certainly have the experience and connections for a global venture. Here's hoping.
GLTA ~ LGJ