Sales and Fundraising Update
Our second Reg CF on Wefunder is going great, we've got over $200k in already and at least one Reg CF website has said we are "extremely likely" to hit our $1.07M SEC maximum (we can take up to $690k there, on top of the $380k we took here).
Also, I took our most recent sales traction post here on Republic, updated it, and posted the updated version here: https://wefunder.com/updates/128313.
There are a couple things the Republic supporters might want to notice in particular:
1) We have invoiced and gotten paid by our traffic component partner, so it's a formal relationship. We have also created a build-server in their manufacturing building, so they can build our CVR's (Cloud Video Recorders) themselves and ship direct to their customers. There are two serious opportunities here that we're working on with them, I'm looking forward to updating everyone as soon as they'll let us.
2) We've been encouraged to do a Reg A+ by an investment research group who would like to cover us. The last company they covered, driven largely by that coverage, raised ~$30M. I'm flying out to the East Coast on a red-eye this Sunday night to meet with them again. If they'll commit to covering us, we'll commit to the Reg A+ ... and we should know by the end of February. This could mean an 8-figure raise for us, at a much higher valuation, and could give us all the capital we need to be wildly successful. Fingers crossed!
There is some smaller stuff buried in there too, but those are the big ones. Wish me luck on Monday on the East Coast. "If we pull this off, we'll eat like kings!"