Financing progress
06
February
Last week was a big step forward for Minti’s fun-raising efforts. We held a meeting with the largest interested investor and reached a hand-shake agreement on full financing of the current funding round. The terms include considerable options to existing shareholders (board and management) to incent upside valuation performance. We have carved out some shares from this round for those who had given us early positive commitments under the previous terms. Now its time to get everything properly set into agreements so that we can focus entirely on operations. Had a first look at the website via remote access today and its coming along beautifully with many of the features we had hoped for making it into this early version.






