The Industrial Hemp Invention that Scotty has been working on has made it to the prototype financing approval stage. As I write this blog post my connection informed me that he did not see any trouble in the Investors not approving the budget to build the machine. He is meeting with his partners and will have a yes or no answer in the next few days.
I'm on pins and needles to say the least. All those sleepless nights, the 15 pounds of weight I've lost, and hours spent on the startup are about to pay dividends and assist the Hemp Industry in becoming a powerhouse player in the Ag Commodity business.
His exact words were:
Its not like you are asking for multi-million dollar investment like some of the other inventors have approached my company with. I see no reason they will not approve the funds to build the prototype.
If you think I'm betting the farm with this one company- think again. I've always had a backup plans to build the prototype. This is not the only company I'm working with or people interested in the design and invention. They are just the only company working in the USA that has shown interest. Like I mentioned previously in other blog posts my EU hemp connection who claimed: "Your Invention could be the Holy Grail of the Hemp Industry". He has opened the door to established players in the Hemp Industry in Canada, Europe, and New Zealand who are also interested in the invention.
So one way or another my hemp invention will soon be a reality and available to anyone who would like to get in the hemp business. The beauty of the invention is that it eliminates the high cost of processing equipment needed.
Stay Tuned more info will be available in the near future.