MYT Engine, Angel Labs receives financial support from angels

September 12, 2009 | by Jeane

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I spoke with Raphial Morgado this week and he has this great news:

“This summer, Angel Labs received financial support from angels.

Although not sufficient to fund our pilot manufacturing line, we are now able to complete the new 8″ model.

Progress is no longer dependent on securing a ten million dollar loan. This stumbling block has been eliminated. We do continue to entertain large loan, grant and investment proposals from qualified persons that could further accelerate bringing the MYT(tm) to market and, most importantly, much needed JOBS ASAP.

SPREAD THE WORD and we will keep you posted. Thank-you.”
End of R. Morgado’s recent message.

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