Investor
chandler,#2REBUTTAL Owner of company
Fri, December 03, 2010
I would like to take the time to add some comments to this page from Miss Investor. First when making an investment into a new program one of which has never been done in the USA it is just the same as putting money on 30 black in Las Vegas. A start up business does all it can to foresee the future and come up with a business plan that tells a story because the plan is just that, its a story and has start middle and an end. To take on this question first hand I would like to review a few points.
The first is no company or start up business would get investor money if the investor in question has fully reviewed the project and only then based on that fact would decide to make the investment. The ROI in this case was 50% as stated but that was to be paid once the business was in a position to do so, any new program needs 90 to 120 days to get stable and that was part of the plan. The program got off to a slow start because this was something very new and clients had to fully understand the product we were selling just like any other business. To answer a second question we went from Banner towing to Nighttime flying because the aircraft could not be used for both, as it is two very different types of operation and being controlled by the FAA we had to comply with just one kind of operation, something I did not expect Miss Investor to know.
The question about the website is one I can address, we needed a multi function site with interactive links with both video and a product slide show, what we were got was one static page that did not reflected what the company could do and how advanced we were in advertising from the air, and again like every other business you will only pay for the finished product, you would not buy a new car with no wheels!
The last issue with the main investor is a mute point, that person is still active in the program and has helped out once again as the product we have is now used to help local Charities and we have done great things in this area. To end my reply, we have had letters and emails of thanks from clients both local and national in praising us for our product, we are still building the product and there will be a time when the investors will see the ROI, but if you do not build a company and give it a chance then it will fail, if that happens then the ROI has also gone. I think Miss Investor did not quite see the big picture and in some cases ROI is not seen for many years, even if the business plan says something else.Thank You.