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Finally completed development now need working capital and/or partner

I have created a unique online system for wholesale gift and jewelry industry, it has taken almost 2 years and over $300K to develop and now that we are ready to launch I am out of capital necessary to proceed. I have turned away over $190K in revenue over the last 4 months because I am not able to continue to staff or cover costs. The income potential for only 3% of our current members is $24K a month at the minimum if we were able to actually market the product we would be able to have at least 30% participation and over $80K a month in revenue. Willing to partner 50/50 for an investment of $280K or looking for an investor for operating capital for the next 6 months in the amount of $80K with a 20% return
Our unique program is a simple concept, wholesalers helping their retailers sell their products. The more they sell the more they buy. A single system allows marketing, ecommerce, co op adverting and complete community interaction for both wholesale and retailers

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Hi - Can you share what the addiotional investments / capital going to be used for ?


Feb 16, 2011