Hunter: following up on our conversation last week the 4tell Board
Friday approved the company moving forward to do an equity capital raise of
about $5M. The focus is going to be
on existing strategic partners rather than going out to the broader capital market
and the time frame will be end of year 2010. We already have strong expressions of
interest from several partners.
A document is being assembled now that will give the necessary
investor background, overview, and financials, and I will make sure you are
amongst the first to see it.
Meanwhile we think it would be useful to arrange an introductory call
with your partners at Rosemont in NY so we can understand the parameters under
which they operate and give them a bird’s eye view of what we are up
to. If you agree could you or your
office get us a couple of proposed windows for that call?
Thanks Tom
_________________________________
Tom Laurita, Chief Strategy Officer
4tell™ Solutions, LLC
207.828.7900
x304 O
207.542-.5751 M
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