Fundraising Next Steps:
As we indicated in our last newsletter, our company is currently in ongoing negotiations with multiple capital sources that are interested in fully funding our company. Originally, we expected that we could possibly be able to finalize a deal at some point during the month of January but unfortunately, that wasn’t able to happen. We are still pushing our legal team to accelerate this process as much as we can but obviously, we don’t want to push too much and lose out on a potential multi-million-dollar investment deal. Please understand that our team is very eager to not only get the necessary funding but also begin development right away. With that in mind, we are constantly reminded that these types of deals don’t just happen overnight, and they take time to finalize. With that in mind, there have been a few other new developments that we would like to tell you about.
Also, we are in talks with multiple former highly experienced software developers that have worked for world-class software development companies on some of the most popular sports titles. Our team recognizes that we need to add experienced software developers to our full-time executive team. We firmly believe that building this “super team” of experienced software developers will not only help significantly with fundraising, but will also help with licensing, marketing, community relations, and most importantly game development. Our founders and investors want the right team to lead the development of Gridiron Champions no matter what route we choose regarding the development of game itself. It is our hope to get agreements signed soon so that we can announce these individuals publicly as soon as possible.
Also, our company was approached about potentially working with another company on this venture. Please allow us to quickly temper your expectations: this company is not a software development or video game publishing company. They are in a different industry but seem to think that his would be a good fit for their company. Thus, this is an opportunity for our company gain a significant amount of capital in exchange for equity in our company. This is something that our company is currently assessing, and nothing has been made final at this time.
All in all, we are very excited about where the company is right now. As always, we will keep you updated every step of the way and will be releasing a full press release immediately once this deal is finalized. As previously indicated, we have no control over when deals become finalized. We simply do everything within our power to accelerate the process as much as possible.
Insiders Only Website:
As we indicated in our last newsletter, our company is turning its full attention to this fundraising effort so that we can get this deal done as soon as possible. We will keep you updated with any changes to our plans regarding this website. If the website is ready to.