All Travel Deals Travelers411 Travel Deals
Click here for Travelers411 Travel Deals for cars, hotels, restaurants and bars, books, products, accessories and more.
Reply
Post # 1   Bookmark and Share Old 08-17-2008, 04:23 PM
Unsinkable300 Unsinkable300 is offline
Junior Member
Join Date: Aug 2008
Location: Tampa, Florida, area
Posts: 4
Smile Thread Title:  Cross The Atlantic......Delayed

We have delayed the trip...Cross The Atlantic and the movie; S O S: Most Dangerous Voyage The reason we delayed the trip is simple, the gentleman that has agreed to pay for the movie has not made the first payment.

He tells me that the reason he has not made the first payment is because he floated a $500,000,000 bond with UBS. It has been in the papers that UBS is holding up payments on 11 Billion dollars of bonds. Wow. The investor tells me that UBS is telling him any day now, but I am not so sure. I called UBS and asked them. They agreed that they have settled out of court for 11 billion in bonds on August 8, 2008. The lady I spoke to did not know when they were going to make the payments. The investor says his deal is a seperate deal, a 500 million dollar bond is a big deal. We are holding our breath to see if he gets some of his money, so we can get funded.

In the meantime we are looking for funding from other sources. The trip itself will cost about $50,000 minimum, we budgeted $125,000 to make sure all details get covered with a little to spare.

The first part of the movie, the raw footage includding the $125,000 comes to $316,000. The investor has agreed to reimburse any funding we can find when his bond money comes in. One analyst told me it could be 90 days or more before he gets his money. We also have told people we would work out any investment or advertising deal in the movie or the trip, they wanted to work out. My brother Bob and I really want to go. This will be our third and fourth world record. Unfortunately, we are in need of the capital. So now you know why we have delayed. Details of the trip can be seen at http://www.CrossTheAtlantic.Com

Last edited by Unsinkable300; 08-17-2008 at 04:27 PM.
Reply With Quote
Reply
Share this thread on:
« Previous Thread        |        Next Thread »
Thread Tools
Display Modes
Travelers411 Featured Content
Travelers411 Mini Sites
Featured Content

Visit the Travelers411 Directory for
Tourism Ireland

Click here to visit the Travelers411 Directory for Tourism Ireland

Click here to listen to Niall Gibbons, Chief Executive, Tourism Ireland, Dublin, Ireland interviewed by Stephanie Abrams without commercials.

Explore the magic and mystery of Ireland's many diverse counties and find out about its unique history and culture. Ireland has wonderful year-round tourism opportunities ranging the spectrum from bustling city life to secluded inland and coastal towns an ...

Sponsored by Tourism Ireland
Travelers411 - Travel PR Sidebar Widget

Travelers411 Travel PR

Click here for user submitted announcements

Browse announcements or create an account to post and promote your own.

Click here for details

Travelers411 Mini Sites

Travel Deal for
Connemara Equestrian Escapes

7 day trail riding vacation with 3 clinic days in Connemara, Ireland featuring Julie Goodnight

Click here for details

Travelers411.com Navigation
Click here to visit the Travelers411 Directory for US Department of State, Department of Consular Affairs

There are over 8000 locations where you can apply for a US passport. Your US passport is the key for international travel and proof of citizenship while traveling. Standard and expedited passport applications are available.

The Travelers411 Family of Brands:   Travelers411.com     sAbrams.com     Travelingfeet.com     Jetset411.com

© 2018 Travelers411. All Rights Reserved. Travelers411 is a Registered Trademark. "Your Travel Community" TM. "Explore Your World" TM. Travelers411, all subpages and sub domains are protected by US Copyright law. We strive to respect the Copyrights of others. Please do not post material to this site for which you do not have proper permission from the copyright holder. To request use or report abuse please contact us.