Ric,
Re my question of how far we have to go $ wise on the 2014 project, do we have a funding source, such as a bank, etc., that we could use to augment the finance of the project? What are their terms?
If we were to find the aircraft what do you expect the return on investment would be; re press coverage, video, book residuals, Hollywood film residuals, etc? i.e. $ 1,000 investment vs. X $ return?
Let’s put this thing into an investment opportunity, albeit there is a real risk of failure. I am sure this seems unseemly but what we are trying to accomplish is proving a hypothesis based upon the on-ground findings, anecdotal recollections, recent down reef explorations and other information that has been retrieved at a cost of multi millions of dollars.
This could be considered a real crap shot, but on the other hand it could be a real significant return on investment for those who may have contributed. Plus what a great feeling it would be if the program was successful and the mystery solved and you were part of the final search.
If you need someone to handle the financials of this method of financing I have a couple of companies that I do business with in mind. I can ask them if this is a viable way of going forward and with your involvement we can sort out the details.
Let me know if this something that you would like to pursue.
Ted Campbell