This follows Peter Thiel truism - from zero to one. Having something from nothing. Pure entrepreneurship.
But this one required money. The guy a contractor to whom the deal was passed on two is being egged to move up from being a techie man to be a businessman.
The team encountered many problems: 1. failed financiang in the beginning 2. failed financing the second time, 3. selfish team members. and who are irresponsible - they failed to deliver their promise of financing twice, and yet made sure that they got their written commitments for packaging fee.
But finally the deal was done and lately what we heard is that the new CEO is getting an inquirty for 5 to 20 million investment. Because of the signed deal. It is now bankable
I hope he gets this.
But they have just begun:
1. Gather docs
2. Secu re approval from LGU, from NIA, DAR
3. Condcut pre marketing activities.
4. Generate funds
5. Get plans SDP leaflets, marketing collaterals ready.
6. Secure ROW docs
7. Commence some site development
GOOD LUCK MORE POWER TEAM
Go go go
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