Food service business does 500K to 1mil per month coming out of BK. At the stage where no more debt can be added. Seeking 500k for very profitable acquisitions to bring in house. Here is the story.

As of Oct 23rd, food service business entered Chapter 11 reorganization. This
reorganization will last until the end of March. The purpose of this reorg
is to clean up legacy bank debt, creditor debt, etc on the balance sheet,
complete 2 acquisitions and bring in-house another company that does business with them.

They are requesting $500k in working capital to be used to bridge
the gap between now and the end of January. During this time period this
will allow the company to complete the following:

1. Recapture core sales of approx $185k a week. Provide working
capital for inventory purchases and cover operating expenses.
2. Bring $400k a week in business from new acquired commpany. The owner of the acquired business to acquire is winding down his company over the next few weeks. He will be
moving his sales over to the client's company under a commission agreement the first
week in Jan 2016.
2. Complete the acquisition of yet another company. This company will move in under a
sub-let and Administrative Management agreement. This will allow both
companies to merge resources while food service business is under reorg. Upon exit, all
assets will will move to NEWCO. This will add $110k a week in sales.
3. Complete the acquisition of another company. This company will move in
under a sub-let and Administrative Management agreement. This will allow
both companies to merge resources while Shelleys is under reorg. Upon exit,
all assets will will move to NEWCO. This will add $150k a week in sales.
4. Food service businesses exit plan will be formally presented to the court in
NY in Jan for approval.
5. Upon completion of negotiations with the bank and creditors, Food service business
will exit reorg with fresh capital lined up from one of three potential
lenders.

Right now owner will pay any rate.

Any takers?