This involves risks, so if you are uncomfortable, or unable, do not take the risk or feel any obligation.
We formed the Georgia Mobility Company and can provide Founders shares to anyone willing to help, at $0.10 per share:
- The minimum is $1,000 for ~ .1% of the company
- The maximum is $15,000 for ~ 2.1% of the company
We have not done the paperwork for a formal offering. This is a “friend, family, and fools” effort. It should only be taken understanding the risks are very high and the chances of success are totally uncertain. We are not desperate for money, so do not feel any obligation. This offer does close on Wednesday, June 12th.
On Monday, June 10th, we have a Rights of Way meeting (see attached GDOT letter). Once we get permits, we will raise the stock price to $2.50 to $10 a share to raise $25 to $100 million to start building.
If you have an interest, give me a call. Following is the background.
Thanks
Bill James
612.414.4211
Burn Rate:
Until we have permits, the burn rate of for Georgia Mobility is $5,000 per month. This pays Madgie Murray and the political effort. We have a crew of 4 others who will work without paychecks until the company is funded for construction.
Images the week of May 27th of Madgie, her son Ty, and Governor Kemp. She has the ability to navigate politics that is essential to breaking the Rights of Way barriers.
Madgie has worked to open Georgia to JPods since we met in 2011 when I gave a TEDx Atlanta presentation. As a side note, Ty is a wrestler and his dad (Atlanta Swat guy) is his coach. He was 41-0 this year. I have been recruiting him to consider West Point 😉
We have a Letter of Interest from Goldman Sachs they understand the network will cost between $200 and $500 million. They understand we are looking to invest $4-6 billion in Atlanta in the next 4 years.