REVIEW – Hi Nidal, your elevator pitch i…

REVIEW – Hi Nidal, your elevator pitch intrigued me and I was definitely interested in learning more. The presentation of your Venture Pitch is strong and well laid out, except I would have like to see the “Required Investment” to have its own line or box for even more clarity. I definitely believe that your company has great potential for growth especially in the Middle East. The main issue I have is that I think that some of your numbers are a very optimistic (for example, a growth rate of 103% annually cannot be sustained, which your financials seem to reflect). Although I believe that this is a billion dollar industry and that you will have success, I think the initial asking price required is a little high. I also had issue with the $1.5M investor asking price to help sustain 6 months of pre-operations as high risk. Is it possible to have a more modest startup? Finally, I am curious to know what percentage of the market you predict you will get, as you will experience other competitors and not everyone will buy into your product. With a few adjustments, I believe that you can have even better success than your plan presently suggests, but I am hesitant to recommend funding, until such issues are resolved and clarified. Thank you for your presentation!