Tuesday, January 29, 2008

Saranac Lake Community Store Update

The Saranac Lake Community Store has raised $220,400 from 300 investors thus far. Their goal is $500,000 which must be raised by June 17th. A big push is going to start soon to raise the rest of the money. Shares in the store are $100 each and can be purchased by any resident of the State of New York. The Community Store has gotten some press recently in the Times Union.

No, I haven't purchased my shares yet, but I will soon. In fact, at I will be at the next "Buddy Party" where a current investor brings a friend who is hopefully a potential investor. I want to meet some of the 300 civic-minded people who have already invested.

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