We would like to give you an update on your status. Your current combined bank balances are $61,619. We consider this an at risk investment. You have two locations which are both trending upward, however we do not feel they will break even before the capital will run out. We are requesting a capital call in order to maintain the investment. Based on the most recent break even plan we believe a minimum of an additional $39,000 will be required to maintain the investment. We would like to make a decision soon as to whether or not you are able to make an additional capital contribution because if you can't we will need to close one location in order to keep the other location open. Please let us know no later than November 1st as to your decision. We are meeting with legal counsel tomorrow to discuss your options and how it will impact the visa. We will post a message notification to you after that meeting.
We have started getting the approvals and RFE's for the investors who submitted applications around the same time as yours. We expect yours shortly.