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
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
Michael Gibbons

Click here to visit the Travelers411 Directory for Michael Gibbons

Listen to acclaimed Irish archeologist Michael Gibbons interviewed by Stephanie Abrams, commercial free.

Michael Gibbons has twenty five years of experience as an archaeologist and recently completed a 5 year term as a member of the Archaeol ...

Travelers411 - Travel PR Sidebar Widget

Travel PR from
Caribbean Hotel and Tourism Association Education Foundation

Caribbean Hotel and Tourism Association Education Foundation

Travel PR From: Caribbean Hotel and Tourism Association Education Foundation. Click here to listen now.

Find out about the foundation and silent auction at the New York Times Travel Show March 1st and 2nd, 2013. ...

Travelers411 Mini Sites

Travel Deal for
The Diplomat Beach Resort

Holiday fun with good times and tan lines - happy Spring Break! Head South and take a dip. Book your stay and receive $100 resort credit per day, along with complimentary self-parking.

Click here for details Navigation

Explore your World! with Travelers411 Directory Listings

Find great info on Restaurants and Bars, Hotels, Car Rental, B&B's, Attractions, Entertainment and hundreds of other categories...

Click here.

The Travelers411 Family of Brands:

© 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.