Great progress with the Alele concept over the past couple of days.

The ATDC asked me to apply to become a member company. Which to me is big, big news, and I am literally flattered that they think enough of the concept and the team to think we could be a valuable addition to the ATDC community. Amazing fact: 75% of ATDC companies are still in business or ended with what is considered to be a successful exit. That is almost the flip of the standard 20% of companies making it.

We also had the chance to make a presentation to an angel group yesterday. It was the first time that we got in front of investors. Smart guys with great feedback. As a first timer it is very important to me to get people that have been through the process involved with the company. Just as important, they want to move us along in the investment process.