DENIS SMITH wrote:

Paul, I don't think there is any "up front" money
required.  If I understand Mr. Shaw correctly, no
money will be accepted until flight testing  has been
performed and he has the capacity to ship parts.  So
far it appears he is taking the whole responsibility
for the design and testing of the aircraft on himself,
and that says a lot about his integrity and belief in
what he is doing.  I will be watching with great
interest to see how the project develops, and if it
goes well it would be a natural for Rotary power.  I
wish him well.

If you go to the investors and say look; "I have x amount of money in
this escrow account. You can't go wrong financing my company."
It is still a huge technological gamble and the history of flying
wings does not improve the odds.

Paul Lamar
 
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