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- what are we going to do funding wise (caveat, more understanding on what is going on with company/Zach)
- move up the last $500K
- strawman for the Q3 next round of funding. what amount $1.5M?
- this would involve getting management more of the deal. They need to have more than they had originally.
- valuation based on 2013 budget.
LG funding
What's the structure of the $500K bridge? (what is market?)
If he can raise additional financing, we will play along
If he can't raise more money by 12/31/2013 then we go back to Matt's 1 warrant per share for the $200K and the rest is a flat round.
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