Holding fund for escrow is not something that can be carried out by a 3rd party easily. In Canada, essentially only lawyers can do it.
I strongly discourage running this kind of scheme - the last big bang, aka Ares Defence Shrike, turned into a 5 years drag with no products being delivered. I have never seen one of these schemes turned out in happy ending.
Just my 2 cents.
I strongly discourage running this kind of scheme - the last big bang, aka Ares Defence Shrike, turned into a 5 years drag with no products being delivered. I have never seen one of these schemes turned out in happy ending.
Just my 2 cents.
Hey Dave,
What are the chances you can set up an escrow account? Hold funds in trust for those who want to buy the receivers and release certificate to each allotment. Time limit it to one year for funding the build. If it doesn't happen the funds return to source.
Even better, could someone like CSSA or NFA do this without violating their operating charter? Facilitate development of a new product line grown here in Canada without causing a primary manufacturer concerns they normally don't deal with?
Who knows.
Maybe we can get close enough in numbers to convince one or two vendors here in Canada to help foot the final tally. (5 to this guy in Western Canada for future sales, 5 to this one over in the East).
Food for thought.



















































