Looking For Financing; FINANCING OPPTY. FOR TELECONFERENCING PROVIDER.
Company seeking financing of $3.8M is a teleconferencing and web conferencing provider. The company operates in a virtual organization with almost no office overhead with two full-time and two part-time employees. Currently generates 15,000,000 minutes per year in audio conferencing with an average revenue of approximately 10 cents a minute. Company is growing 18% per year. Customers have been acquired through aggressive click-through email marketing. The teleconferencing industry is projected by Frost & Sullivan to grow from $2.9B on 14.53B minutes in 2003 to $4.2B on 35.00B minutes in 2010. oFinancing opportunity with profitable and rapidly growing firm. oPatent pending innovations will reform certain telecom applications; dramatically lowering cost and improving features. oHighly experienced management team in place and offering memorandum available upon signing NDA. oHuge upside possible by partnering or quoting agreements. oMarket segment ripe for consolidation into this new technology. oMany additional applications being rolled out. oAttractive return for early investors with equity kicker
Selling Price: $1,100,000 Gross Annual Sales: $2,400,000 Region: Midwest (ND SD NE KS MN IA MO WI IL MI IN OH KY) Listing #:28261 (B) [To receive the contact name for this listing, reference the five-digit number which follows the listing and e-mail to FirstList, email@example.com. Let us know the online service you were using to receive the free contact.]
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|Publication:||Looking For Financing: FirstList|
|Date:||May 1, 2007|
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