Investment talks progressing

Posted on Friday July 10th, 2009.

DMC are in progressive talks with a number of key investment houses who wish to inject capital into the business, which will allow its distribution into Europe and the USA.

David Morris, Managing Director of DMC says “we have been approached by a number of investment houses, and are in talks with them about the different proposals submitted to us since May this year. It is too early to come to any conclusions as yet, as each venture capital company bring different benefits to the table, and are currently undergoing our due diligence on them as indeed they are with us. However it is hoped we will sign off terms by the end of September if all goes well, allowing us to expand quickly to other parts of the world.