Web Barth
Kirkland, WA (USA)
Role(s):
Founder/Owner/Principal
Raging River
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Startup
Location:
Kirkland
Industry:
Entertainment
Year Founded:
2007
Number Employees:
10-50 people
Description:
Raging River has major customers; airline, military, mass merchandisers, chain drug, large database website marketers with over 1 Billion customers, passengers, consumers, all interested in Raging River's turnkey entertainment systems for online downloads and in store/on site DVD bunring.
Company working with major firm who has programs in the coutry's largest mass merchandisers, home centers, chain drug, grocery and is developing the first mass merchandiser application for burning DVDs in store eliminating DVD inventory, space.
Company has very strong team with many years in travel entertainment, Hollywood studio relations, digital entertainment management and accounting, web technolgy.
Company in agreement to merge into qualtiy public shell company in early 2009 that has significant cash on hand today.
Company seeking to complete bridge to public shell merger and is offering a convertible note at 14% with convertability at significant discount to market price at option of note holder. Company has raised $450K on convertible note and seeking remaining $250K.