Product & Service Descriptions
Effects of Loan
The money loaned to Jack Cornwall Productions will be used for the following purposes:
- Purchase of Simmons TX7D Portable DAT recorder for remote recording - ($700.00)
- Working capital and initial marketing costs - ($6,000)
- Purchase of Hollowitz Compact Disc Recorder - (est. $4,500.00)
- Purchase of PC-Based audio editing and equalization workstation - ($2,800)
- Misc. Startup costs - Accountant, technical consultant, misc. furnishings-($1,000)
These outlays will enable Jack Cornwall Productions to function as a full-time productions & narrations facility, continue marketing of Holding Messages and expand into Audio Archiving, and meet our conservative sales goals for the first year. This will also allow us to purchase these items rather than finance or lease them.
