Just spoke via e-mail with my Cirrus rep. I requested status of the transfer of money from previously discussed “institutional investor”. The last I heard prior to SUN-&-FUN was the deal was finalized and was just awaiting acumulation and then transfer of funds.
Apparently another investor group has entered the fray competing with the first. This seems like a positive for viability of the company to have interest from more than one party.
What would be perfect would be for someone or group to come along with no designs to make an IPO in the future with all the nearsighted entanglements this could entail as is the case with most “institutional investors”. Hope this is the case.
Advised that this should all settle out in a couple of weeks.
Anyone have any further to add on this topic?