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We just paid the fee on the Midwest Investment Network a couple of days ago in order to get in contact with three interested parties. It's a great resource for people in our position.
We got an influx of interest from AIN investors which has resulted in substantial investment from investors sourced by AIN, at a very cheap share price. The offer in our AIN proposal was intended as a special offer for existing shareholders, and I posted it on AIN largely as a hurry-up for shareholders. As it has transpired, nearly half was grabbed in quick time from new AIN investors, more than half of whom were happy to invest without meeting ...
People often ask me how we went about reaching potential investors at such an early stage, and my stock answer is always: Angel Investment Network. It is a simple idea, executed well and they have lots of serious people on their books. Some of whom are now investors in our company.
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