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Thursday, September 26, 2019

Urgent Funding Needs

As it stands now, I am under severe threat in terms of the studio space. I posted elsewhere on this subject.

But the financing requirements I have been discussing for some time, needs to come to fruition.

The basic need here is to secure the facility for a minimum of three years. Optimally, acquisition of the property, which was in the process of happening, is the best approach. The funding to implement that needs to be drawn from the equity inherent in The Gnomes of New Hope.

We were on a path that would not have required that degree of funding, but changes have been forced upon us by outside parties who, from my estimation, have no right to do so. By so doing, the cost and management of the property will be increased and impaired. It may not be worth it, because I will loose the grandfather clause in zoning and the taxes will go up. Yet here it is, thrust upon us by foolish people.

Refer to the post on The Elder Gnomes.

AG