The incubator reached out to (me) Josh yesterday & we will hear back from them Friday to know if we were selected. The dollar amount we decided to go after was between $500,000-$1,000,000 (We DO NOT want to take in more money than we need at such a low price .0005) We can always re-evaluate in 2023! This incubator directly matches is with new investors (retail individual investor) as opposed to funds that look to get better deals than our previous investors. We still will have the option to raise our offering price once accepted. However we would need the stock price to be higher. Additionally the Investor awareness firm is marketing the company which may lead to MORE NEW buyers in the open market. It typically takes 2-3 weeks before these efforts can start to be reflected.
The incubator reached out to (me) Josh yesterday & we will hear back from them Friday to know if we were selected. The dollar amount we decided to go after was between $500,000-$1,000,000 (We DO NOT want to take in more money than we need at such a low price .0005) We can always re-evaluate in 2023! This incubator directly matches is with new investors (retail individual investor) as opposed to funds that look to get better deals than our previous investors. We still will have the option to raise our offering price once accepted. However we would need the stock price to be higher. Additionally the Investor awareness firm is marketing the company which may lead to MORE NEW buyers in the open market. It typically takes 2-3 weeks before these efforts can start to be reflected.